My "workaround" works for all folders in the old 1.x drive except the "root". So you can't use it if you want to keep paths like:
S:\File.txt
S:\Document.docx
But you can use it if you want to keep paths like:
S:\Folder1\File.txt
S:\Folder1\Document.docx
Complete chain example:
C:\Users\Robert\Dropbox\Folder1
-> Junction ->
C:\Users\Robert\Documents\Folder1
-> Add as location in Boxcryptor ->
S:\Folder1
As I understood psoko, he wanted a way to get paths within Dropbox without the Dropbox as first folder. (S:\Folder1 instead of S:\Dropbox\Folder1)
Of course, it's not perfect (you always need 1 subfolder for the location in the virtual drive) but it's a start. We won't be able to support symlinks in the Boxcryptor drive anytime soon due to technical reasons.
Best regards,
Robert