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17:50:29,328 ERROR [transform.magick.AbstractImageMagickContentTransformer] ImageMagickContentTransformer not available: Failed to execute command: imconvert "C:\apache-tomcat-5.5.15\temp\Alfresco\ImageMagickContentTransformer_init_source_61306.gif" "C:\apache-tomcat-5.5.15\temp \Alfresco\ImageMagickContentTransformer_init_target_61307.png"
That is just a test for wether ImageMagick is installed. I don't think it breaks anything else than the image conversion possibilities in Alfresco.