I would recommend that you delete 2. 1. 5 and install 2. 1. 7 which you can download from the 'Downloads' link in the header above.
First I tried to install 2. 1. 7 (download above) but when I run setup i got simmilar smarty error
line 1115 (problem creating directory and line 1279 (file not found)
Then I installed 2. 1. 5 available for installation from within Pesk control panel, which installed successfully but did not run
should I have to CHMOD smatry directory also? I will try it today (for permission I am dependent on host provider)
will 777 permission to all these directory ceate security problem? is it needed only for installtion and can be changed. If yes what should be permission level
/config. php to 777 (ALL)
/icons/ to 777
/compile/ to 777
/cache/ to 777