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OK, I am using NewBB 1.0 (that comes standard with 2.0.13.1 and 2.0.13.2
Preferences in the forum module seems a little weird. It is almost entirely something to do with how users can be notified of new topics, posts etc. (not really that important imo.).
If you know about where it would be in NewBB, I will be happy to hear it.