I am having a similar problem to this post with the latest build.
I have only just installed it and after logging in as admin with the emailed password I tried to 'Create a new blog'. After entering the details
Blog domain: test1
Blog title: testing
I recieved this error:
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WordPress database error: [Table 'wpmu.wp_4_options' doesn't exist]
SELECT option_value FROM wp_4_options WHERE option_name = 'blogname'
WordPress database error: [Table 'wpmu.wp_4_options' doesn't exist]
SELECT option_value FROM wp_4_options WHERE option_name = 'siteurl'
WordPress database error: [Table 'wpmu.wp_4_options' doesn't exist]
SELECT option_value FROM wp_4_options WHERE option_name = 'wp_4_user_roles' LIMIT 1
wpmu.uat.edna.edu.au Is Yours
wpmu.uat.edna.edu.au is your new blog. Login as "admin" using your existing password.`
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Shouldn't that be 'wpmu.uat.edna.edu.au/test1 is your new site'?
So anyway, the test1 blog is still created and I can view wpmu.uat.edna.edu.au/test1.
In the admin area under Site Admin > Blogs I can see the 4 different blogs I have created, but they all have the same Blog Name 'wpmu.uat.edna.edu.au' and the View link goes to the same url when im assuming it should be going to /test1 or whatever blog name I entered originally.