If path entered into location entry is not absolute, it prepends slash and tries to open the result, instead of interpreting the path as relative to the folder displayed.

Steps to Reproduce:
1) Go to home dir
2) Press Ctrl-L to get the location entry
3) Enter "Desktop" and press Enter.

Result: "Couldn't find "/Desktop"."

Note, while this example is stupid, it makes perfect sense to do this for ftp or ssh. It is way faster to enter path than to navigate though all the itermediate folders and wait for each of them to populate the content. At the moment one needs to press right arrow to clear selection, and then type path in.