Can I convert a drive letter mount point to a networked mount point or vice versa?

Yes, you need to modify the mount points configuration in the registry.

1) Open the Windows service manager (start type "services.msc") and stop the Drive Bender service (if the service is taking a long time to stop, open the task manager and kill the task "DriveBenderService").

2) Open regedit and head to "HKEY_LOCAL_MACHINE\SOFTWARE\Division-M\Drive Bender", here you will see one or more pool sub keys. Each pool's sub key is a GUID value (for example "{2E55EBD8-18A3-4C23-821E-7EAE9E6A8CB3}"), there will be one for each pool on your system.

3) Under each pool sub key, you will find the mount point key(s), open each mount point key to find the specific key that contains the mount point you wish to modify.

4) If going from a drive letter mount point to a networked mount point, change the following values
- "Network Share" from 0 -> 1
- "Mount Name" from "X:\" -> "New Mount Name" ("New Mount Name" is any name you chose)
- "Volume Label" remove string.

5) If going from a networked mount point to a drive letter mount point, change the following values
- "Network Share" from 1 -> 0
- "Mount Name" from "Some Mount Name" -> "X:\" (X is any non conflicting drive letter)
- "Volume Label" add a volume label for the drive.

6) Restart the machine.