Android SDK/ADT r12 emulator screen problem

I had been eagerly waiting to get done with my current project so I could upgrade the ADT/SDK for android to r12.  I'm glad I waited.

When I fire up the emulator after updating I get the following screen.

Update :  Thankfully, it's a known problem  http://code.google.com/p/android/issues/detail?id=18299

I had used -scale 0.5 to get an emulator window that fits my laptop screen.  The simple workaround is to just use -scale 0.49 until the r13 ADT is out.