Thank you!
I changed the IP, applied the configuration and redownloaded the client.
Now although I am still unable to connect, this time I am getting a different error:
Error running jsondialog
Client log:
2012-03-13 21:37:17+1100 [-] Log opened.
2012-03-13 21:37:17+1100 [-] Network up
2012-03-13 21:37:17+1100 [-] C:\Program Files\OpenVPN Technologies\OpenVPN Client\core\library.zip\pyovpn\linux\distroname.py:1: exceptions.DeprecationWarning: The popen2 module is deprecated. Use the subprocess module.
2012-03-13 21:37:18+1100 [-] ProfileSignatureVerify.verify: <depth=1 err=X509_V_ERR_SELF_SIGNED_CERT_IN_CHAIN: self signed certificate in certificate chain subj=<X509Name object '/CN=OpenVPN Web CA 2012.03.11 01:23:00 EST vpn'>>: client/profsig:14,pki/sign:228 (pyovpn.pki.sign.CertVerifyFailed)
2012-03-13 21:37:18+1100 [-] ClientSettings: extract_trust_group tg=None src='bundled' sign=None pref=False
2012-03-13 21:37:18+1100 [-] ClientSettings: preference 'allow_web_import' set from source 'bundled'
2012-03-13 21:37:18+1100 [-] ClientSettings: preference 'enable_xd_proxy' set from source 'bundled'
2012-03-13 21:37:18+1100 [-] ClientSettings: preference 'enable_connect' set from source 'bundled'
2012-03-13 21:37:18+1100 [-] Schedule swupdate monitor in 120 seconds, range=(120,None), error=False, initial=True
2012-03-13 21:37:19+1100 [-] Successfully imported dynamic localhost root CA into Windows cert store (win32)
2012-03-13 21:37:19+1100 [-] FF CA import (passive): Administrator C:\Documents and Settings\Administrator\Application Data\Mozilla\Firefox\Profiles/kfw8sxek.default
2012-03-13 21:37:19+1100 [-] Successfully imported dynamic localhost root CA into Firefox cert store (win32)
2012-03-13 21:37:19+1100 [-] Updating C:\WINDOWS\system32\drivers\etc\hosts with [('client.openvpn.net', '127.94.0.1')]
2012-03-13 21:37:19+1100 [-] Starting AS Client API 1.8.3/MSI
2012-03-13 21:37:19+1100 [-] twisted.web.server.Site starting on 946
2012-03-13 21:37:19+1100 [-] twisted.web.server.Site starting on 944
2012-03-13 21:37:19+1100 [-] ProfileManager: importing bundled profile u'C:/DOCUME~1/ADMINI~1/LOCALS~1/Temp/ovpn.~installer/client.ovpn' {u'owner': u'Administrator', u'global': True}
2012-03-13 21:37:19+1100 [-] ProfileSignatureVerify.verify: <depth=1 err=X509_V_ERR_SELF_SIGNED_CERT_IN_CHAIN: self signed certificate in certificate chain subj=<X509Name object '/CN=OpenVPN Web CA 2012.03.11 01:23:00 EST vpn'>>: client/profsig:14,pki/sign:228 (pyovpn.pki.sign.CertVerifyFailed)
2012-03-13 21:37:19+1100 [-] ImportProfile: profile sanitized
2012-03-13 21:37:21+1100 [-] create_desktop_process: starting C:\Program Files\OpenVPN Technologies\OpenVPN Client\core\ovpntray.exe
2012-03-13 21:37:21+1100 [HTTPChannel,0,127.0.0.1] *** API CALL f=xmlrpc_GetPreferences args=[] kw={} ret={'proxy_auto': True, 'exec_admin_domain': '', 'update_base_url': 'http://swupdate.openvpn.net/updates', 'log_append': False, 'enable_xd_proxy': True, 'basic_client': True, 'auth_allow_cache_pw': True, 'restrict_domain': '*', 'proxy_auth_allow_basic': True, 'proto_force': '', 'allow_ssl_v2': False, 'connect_timeout': 60, 'implicit_elevation': False, 'exec_user_domain': '*', 'universal_sessions_are_global': False, 'verb': '', 'proxy_auth_allow_save_pw': True, 'user_may_trust_cert': True, 'silent_update': False, 'route_nopull': False, 'enable_connect': True, 'notify_update': True, 'user_hostspec': '*', 'allow_web_import': True}
2012-03-13 21:37:21+1100 [HTTPChannel,1,127.0.0.1] *** API CALL f=xmlrpc_TrackActiveProfiles args=[True] kw={} ret='sess_TrackActiveProfiles_B1fIqGKRXljAJOCK_1'
2012-03-13 21:37:21+1100 [HTTPChannel,2,127.0.0.1] *** API CALL f=xmlrpc_UpdateStatus args=[] kw={} ret={}
2012-03-13 21:37:22+1100 [HTTPChannel,3,127.0.0.1] *** API CALL f=xmlrpc_Poll args=['sess_TrackActiveProfiles_B1fIqGKRXljAJOCK_1', 10] kw={} ret=[{'timestamp': 1331635041, 'state': 'add_profile', 'profile_id': '27_32_193_130_dynamic_p3422', 'type': 'PROFILE'}]
2012-03-13 21:37:22+1100 [HTTPChannel,4,127.0.0.1] *** API CALL f=xmlrpc_ProfileProperties args=['27_32_193_130_dynamic_p3422'] kw={} ret={'hash': '1387a53cf095881420aeef092c7433bbc5b910a41a323624f71bfa526dbe15c2', 'name': '27.32.193.130/Dynamic', 'global': True, 'host': '27.32.193.130', 'owner': u'Administrator', 'org': 'OpenVPN Technologies, Inc.', 'type': ['dynamic'], 'id': '27_32_193_130_dynamic_p3422', 'access_allowed': True}
2012-03-13 21:37:23+1100 [-] Checking for service profiles
2012-03-13 21:37:29+1100 [HTTPChannel,6,127.0.0.1] *** API CALL f=xmlrpc_Poll args=['sess_TrackActiveProfiles_B1fIqGKRXljAJOCK_1', 10] kw={} ret=[{'timestamp': 1331635049, 'state': 'connect', 'profile_id': '27_32_193_130_dynamic_p3422', 'type': 'PROFILE'}]
2012-03-13 21:37:29+1100 [HTTPChannel,6,127.0.0.1] *** API CALL f=xmlrpc_Connect args=[{'profile_id': '27_32_193_130_dynamic_p3422', 'type': 'dynamic', 'non_interactive': False}, ['STATE', 'PASSWORD', 'ACTIVE', 'CERT_APPROVAL', 'INFO', 'CONNECTED_USER', 'FATAL', 'SCRIPT', 'CHALLENGE', 'DELETE_PENDING', 'NOTIFY', 'RSA_SIGN', 'CONNECT_TIMEOUT'], {}] kw={} ret='sess_27_32_193_130_dynamic_p3422_vOgHPambgivrJWVs_1'
2012-03-13 21:37:29+1100 [HTTPChannel,7,127.0.0.1] *** API CALL f=xmlrpc_ConnectActive args=['27_32_193_130_dynamic_p3422', ['STATE', 'PASSWORD', 'ACTIVE', 'CERT_APPROVAL', 'INFO', 'CONNECTED_USER', 'FATAL', 'SCRIPT', 'CHALLENGE', 'DELETE_PENDING', 'NOTIFY', 'RSA_SIGN', 'CONNECT_TIMEOUT'], 'pending'] kw={} ret='sess_27_32_193_130_dynamic_p3422_tWN6N7kA05nSkQn5_2'
2012-03-13 21:37:30+1100 [HTTPChannel,8,127.0.0.1] *** API CALL f=xmlrpc_Poll args=['sess_27_32_193_130_dynamic_p3422_tWN6N7kA05nSkQn5_2', 10] kw={} ret=[{'status': 'need', 'timestamp': 1331635049, 'need': ('username', 'password'), 'type': 'PASSWORD', 'auth_type': 'Dynamic'}]
2012-03-13 21:37:36+1100 [HTTPChannel,11,127.0.0.1] *** API CALL f=xmlrpc_SubmitCreds args=['sess_27_32_193_130_dynamic_p3422_vOgHPambgivrJWVs_1', {'username': 'erez', 'password': '[redacted]'}, 'Dynamic', True] kw={} ret=None
2012-03-13 21:37:37+1100 [XMLProxyQueryProtocol,client] ProfileSignatureVerify.verify: <depth=1 err=X509_V_ERR_SELF_SIGNED_CERT_IN_CHAIN: self signed certificate in certificate chain subj=<X509Name object '/CN=OpenVPN Web CA 2012.03.11 01:23:00 EST vpn'>>: client/profsig:14,pki/sign:228 (pyovpn.pki.sign.CertVerifyFailed)
2012-03-13 21:37:37+1100 [XMLProxyQueryProtocol,client] *** API CALL f=xmlrpc_Poll args=['sess_27_32_193_130_dynamic_p3422_tWN6N7kA05nSkQn5_2', 10] kw={} ret=[{'timestamp': 1331635057, 'info_type': 'DYNAMIC_SUCCEED', 'type': 'INFO', 'severity': 'info', 'value': 'dynamic profile access succeeded'}]
2012-03-13 21:37:37+1100 [-] vpn_start: JSONDialog: Error running jsondialog, status=(1, [], []), stdout=[], stderr=[]: client/cliset:449,internet/defer:746,client/jsondialog:47,client/jsondialog:41,win32serviceutil:806,capiws:57,internet/base:1166,internet/base:1175,internet/base:779,internet/_pollingfile:79,internet/_dumbwin32proc:52,internet/_baseprocess:48,internet/_dumbwin32proc:315,internet/_baseprocess:60,svc/pp:116,svc/svcnotify:25,internet/defer:238,internet/defer:307,internet/defer:323,internet/defer:766,internet/defer:746,client/jsondialog:41,util/error:60,util/error:43 (RUN_ERROR)
2012-03-13 21:37:37+1100 [-] *** API CALL f=xmlrpc_Poll args=['sess_27_32_193_130_dynamic_p3422_tWN6N7kA05nSkQn5_2', 10] kw={} ret=[{'timestamp': 1331635057, 'info_type': 'RUN_ERROR', 'type': 'INFO', 'severity': 'error', 'value': 'JSONDialog: Error running jsondialog, status=(1, [], []), stdout=[], stderr=[]'}]
2012-03-13 21:37:37+1100 [-] *** API CALL f=xmlrpc_Poll args=['sess_TrackActiveProfiles_B1fIqGKRXljAJOCK_1', 10] kw={} ret=[{'timestamp': 1331635057, 'state': 'disconnect', 'profile_id': '27_32_193_130_dynamic_p3422', 'type': 'PROFILE'}]
2012-03-13 21:37:37+1100 [HTTPChannel,13,127.0.0.1] *** API CALL f=xmlrpc_Poll args=['sess_27_32_193_130_dynamic_p3422_tWN6N7kA05nSkQn5_2', 10] kw={} ret=[{'timestamp': 1331635057, 'type': 'DELETE_PENDING'}]
2012-03-13 21:37:37+1100 [HTTPChannel,14,127.0.0.1] *** API CALL f=xmlrpc_EnumProfiles args=[] kw={} ret=[{'hash': '157ab2f0231bf1f8ae094f85c05bc78093fa566cb61c430822be4090a5a56112', 'access_allowed': True, 'global': True, 'host': '27.32.193.130', 'snapshot': {'info': {'timestamp': 1331635057, 'info_type': 'RUN_ERROR', 'type': 'INFO', 'severity': 'error', 'value': 'JSONDialog: Error running jsondialog, status=(1, [], []), stdout=[], stderr=[]'}, 'delete_pending': True}, 'org': 'OpenVPN Technologies, Inc.', 'owner': u'Administrator', 'hosts': '27.32.193.130', 'type': ['dynamic'], 'id': '27_32_193_130_dynamic_p3422', 'name': '27.32.193.130/Dynamic'}]