make sure the files pannel is set to show local files and click the refresh button, if the CMS files are still not being created, you can copy them manually.
locate the users configuration folder:
http://www.webassist.com/community/tutorials/view_tutorial.php?tid=95
in the configuration folder, go to shared/webassist/PowerCMS/CMS
copy all of the files in the CMS folder, and paste them to the root of your site.