Ok so i open up redshrt2.exe via cmd.exe , (redshrt2.exe is located in my e:/program files/steam/steamapps/common/uplink/users/ DIR, fyi)
i type in
redshrt2 -d MERLiN.usr MERLiN.hex
everything goes good (i think) and says this.
Redshrt2 command line utility
Decrypting file: MERLiN.usr....done
Now heres the problem. When i look inside my
e:/program files/steam/steamapps/common/uplink/users/ DIR i dont see a new file created with the extension .hex - it seems nothing has been created at all.
Picture of this below.

So this is where im confused at, because w/o a *.hex file being created i have nothing to load into a hex editor to change values etc... Anyone ever ran into this before? Maybe know a fix? Or see something i've done wrong?
Thanks to all the replys in advanced - MERLiN