I'm going to mark the thread "[solved]" since from my recent readings it seems that Windows takes care of the slash/backslash point (it accepts both formats).
That leads to the conclusion that's best to always use regular slash (forwarding) since it will work both for Windows and Linux (Mac too, I believe).
As far as the proper place to put a sub-folder, well, logically I should place any dir-related references with the first parameter, leaving just the eventual filename and extension for the second one.
So, final version of my test, should be:
Log("Image exists : " & File.Exists(DataFolder&"/images", "test.png"))
udg