I have a MacOSX 10.7. I wanted to install MacTeX (2012) on my Mac. But after installing TeXShop could not compile a simple Text. I used a former version of MacTeX on my Tiger Systems for which it was working well. Now with the OSX10.7 I have the problem. I get the following error message:
/usr/texbin/pdflatex was not found. Perhaps TeXLive was not installed correct or get lost. In that case visit TeXShop website and follow the instructions to reinstall TeXLive. It also could be that the direction in TeXShop preferences is wrong. This could be when using the fink-distribution von teTeX.
I am looking forward for help.
[Edited Dec12 2013]: I am getting the same error on a new install of TexShop with BasicTex 2012. Deleting the preference file did not work!?!?