Here is the "ls -la" for my home directory, no .secondlife appeared:
rwxr-xr-x 20 me me 4096 2009-03-10 19:22 .
drwxr-xr-x 3 root root 4096 2009-03-09 17:47 ..
-rw------- 1 me me 3251 2009-03-09 22:42 .bash_history
-rw-r--r-- 1 me me 220 2009-03-09 17:47 .bash_logout
-rw-r--r-- 1 me me 2940 2009-03-09 17:47 .bashrc
drwxr-xr-x 3 me me 4096 2009-03-09 20:24 .config
-rw-r--r-- 1 me me 52 2009-03-10 18:55 .DCOPserver_me__0
lrwxrwxrwx 1 me me 32 2009-03-10 18:55 .DCOPserver_me_:0 -> /home/me/.DCOPserver_me__0
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Desktop
-rw------- 1 me me 26 2009-03-09 18:28 .dmrc
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Documents
-rw-r--r-- 1 me me 17 2009-03-09 20:25 .gtk-bookmarks
-rw-r--r-- 1 me me 25507 2009-03-09 20:22 .gtk_qt_engine_rc
-rw-r--r-- 1 me me 285 2009-03-09 18:28 .gtkrc-2.0-kde
-rw------- 1 me me 187 2009-03-10 18:55 .ICEauthority
drwx------ 5 me me 4096 2009-03-09 18:28 .kde
drwx------ 3 me me 4096 2009-03-09 18:28 .local
drwxr-xr-x 3 me me 4096 2009-03-10 20:18 .mc
drwxr-xr-x 3 me me 4096 2009-03-09 18:28 .mcop
-rw------- 1 me me 31 2009-03-09 18:28 .mcoprc
drwx------ 4 me me 4096 2009-03-09 20:22 .mozilla
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Music
drwxr-xr-x 2 me me 4096 2009-03-09 22:01 New Folder 1
-rw-r--r-- 1 me me 1171 2009-03-09 22:33 .nvidia-settings-rc
drwx------ 10 me me 4096 2009-03-10 20:26 .opera
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Pictures
-rw-r--r-- 1 me me 586 2009-03-09 17:47 .profile
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Public
drwxr-xr-x 2 me me 4096 2009-03-10 18:55 .qt
drwxrwxr-x 9 me me 4096 2009-03-10 20:15 SecondLife-i686-1.22.10.112620
lrwxrwxrwx 1 me me 30 2009-03-09 22:04 SecondLifeRC -> SecondLife-686-1.22.10.112620
-rw-r--r-- 1 me me 0 2009-03-09 18:29 .sudo_as_admin_successful
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Templates
drwx------ 3 me me 4096 2009-03-09 19:10 .thumbnails
drwxr-xr-x 2 me me 4096 2009-03-09 18:28 Videos
-rw------- 1 me me 160 2009-03-10 18:55 .Xauthority
-rw------- 1 me me 51673 2009-03-10 19:24 .xsession-errors
The message "segmentation fault" reminds me of problems I saw elsewhere, and seemed to be related to incompatible libraries...
ldd of do-not-directly-run-secondlife-bin within the secondlife script gave:
linux-gate.so.1 => (0xffffe000)
libopenal.so.1 => /home/me/SecondLife-i686-1.22.10.112620/lib/libopenal.so.1 (0xf7eae000)
libalut.so => /home/me/SecondLife-i686-1.22.10.112620/lib/libalut.so (0xf7ea5000)
libgobject-2.0.so.0 => /usr/lib32/libgobject-2.0.so.0 (0xf7e4f000)
libglib-2.0.so.0 => /usr/lib32/libglib-2.0.so.0 (0xf7d9e000)
libGLU.so.1 => /usr/lib32/libGLU.so.1 (0xf7d1b000)
libGL.so.1 => /usr/lib32/libGL.so.1 (0xf7c61000)
libX11.so.6 => /usr/lib32/libX11.so.6 (0xf7b7a000)
libxul.so => /home/me/SecondLife-i686-1.22.10.112620/app_settings/mozilla-runtime-linux-i686/libxul.so (0xf6ae1000)
libSDL-1.2.so.0 => /home/me/SecondLife-i686-1.22.10.112620/lib/libSDL-1.2.so.0 (0xf6a5f000)
libgdk-x11-2.0.so.0 => /usr/lib32/libgdk-x11-2.0.so.0 (0xf69db000)
libgthread-2.0.so.0 => /usr/lib32/libgthread-2.0.so.0 (0xf69d6000)
libgtk-x11-2.0.so.0 => /usr/lib32/libgtk-x11-2.0.so.0 (0xf665f000)
libELFIO.so => /home/me/SecondLife-i686-1.22.10.112620/lib/libELFIO.so (0xf663e000)
libopenjpeg.so.2 => /home/me/SecondLife-i686-1.22.10.112620/lib/libopenjpeg.so.2 (0xf6620000)
libssl.so.0.9.7 => /home/me/SecondLife-i686-1.22.10.112620/lib/libssl.so.0.9.7 (0xf65f2000)
libcrypto.so.0.9.7 => /home/me/SecondLife-i686-1.22.10.112620/lib/libcrypto.so.0.9.7 (0xf6500000)
libaprutil-1.so.0 => /home/me/SecondLife-i686-1.22.10.112620/lib/libaprutil-1.so.0 (0xf64eb000)
libapr-1.so.0 => /home/me/SecondLife-i686-1.22.10.112620/lib/libapr-1.so.0 (0xf64c7000)
libexpat.so.1 => /home/me/SecondLife-i686-1.22.10.112620/lib/libexpat.so.1 (0xf64a7000)
libz.so.1 => /usr/lib32/libz.so.1 (0xf6492000)
libfmod-3.75.so => /home/me/SecondLife-i686-1.22.10.112620/lib/libfmod-3.75.so (0xf63f7000)
libstdc++.so.6 => /home/me/SecondLife-i686-1.22.10.112620/lib/libstdc++.so.6 (0xf6322000)
libm.so.6 => /lib32/libm.so.6 (0xf62fc000)
libgcc_s.so.1 => /usr/lib32/libgcc_s.so.1 (0xf62f1000)
libc.so.6 => /lib32/libc.so.6 (0xf61a2000)
libfontconfig.so.1 => /usr/lib32/libfontconfig.so.1 (0xf6178000)
libpthread.so.0 => /lib32/libpthread.so.0 (0xf6160000)
libdl.so.2 => /lib32/libdl.so.2 (0xf615c000)
libselinux.so.1 => /lib32/libselinux.so.1 (0xf6142000)
libpcre.so.3 => /usr/lib32/libpcre.so.3 (0xf611b000)
libGLcore.so.1 => /usr/lib32/libGLcore.so.1 (0xf5205000)
libnvidia-tls.so.1 => /usr/lib32/libnvidia-tls.so.1 (0xf5203000)
libXext.so.6 => /usr/lib32/libXext.so.6 (0xf51f5000)
libxcb-xlib.so.0 => /usr/lib32/libxcb-xlib.so.0 (0xf51f2000)
libxcb.so.1 => /usr/lib32/libxcb.so.1 (0xf51da000)
libmozjs.so => /home/me/SecondLife-i686-1.22.10.112620/app_settings/mozilla-runtime-linux-i686/libmozjs.so (0xf5125000)
libplds4.so => /home/me/SecondLife-i686-1.22.10.112620/app_settings/mozilla-runtime-linux-i686/libplds4.so (0xf5122000)
libplc4.so => /home/me/SecondLife-i686-1.22.10.112620/app_settings/mozilla-runtime-linux-i686/libplc4.so (0xf511d000)
libnspr4.so => /home/me/SecondLife-i686-1.22.10.112620/app_settings/mozilla-runtime-linux-i686/libnspr4.so (0xf50e8000)
libXft.so.2 => /usr/lib32/libXft.so.2 (0xf50d6000)
libatk-1.0.so.0 => /usr/lib32/libatk-1.0.so.0 (0xf50bc000)
libgdk_pixbuf-2.0.so.0 => /usr/lib32/libgdk_pixbuf-2.0.so.0 (0xf50a4000)
libpangoxft-1.0.so.0 => /usr/lib32/libpangoxft-1.0.so.0 (0xf509d000)
libpangox-1.0.so.0 => /usr/lib32/libpangox-1.0.so.0 (0xf5091000)
libpango-1.0.so.0 => /usr/lib32/libpango-1.0.so.0 (0xf5054000)
libgmodule-2.0.so.0 => /usr/lib32/libgmodule-2.0.so.0 (0xf5050000)
libXt.so.6 => /usr/lib32/libXt.so.6 (0xf4fff000)
libpangocairo-1.0.so.0 => /usr/lib32/libpangocairo-1.0.so.0 (0xf4ff6000)
libcairo.so.2 => /usr/lib32/libcairo.so.2 (0xf4f93000)
libXrender.so.1 => /usr/lib32/libXrender.so.1 (0xf4f8b000)
libXinerama.so.1 => /usr/lib32/libXinerama.so.1 (0xf4f88000)
libXi.so.6 => /usr/lib32/libXi.so.6 (0xf4f80000)
libXrandr.so.2 => /usr/lib32/libXrandr.so.2 (0xf4f7a000)
libXcursor.so.1 => /usr/lib32/libXcursor.so.1 (0xf4f71000)
libXcomposite.so.1 => /usr/lib32/libXcomposite.so.1 (0xf4f6d000)
libXdamage.so.1 => /usr/lib32/libXdamage.so.1 (0xf4f6a000)
libXfixes.so.3 => /usr/lib32/libXfixes.so.3 (0xf4f65000)
librt.so.1 => /lib32/librt.so.1 (0xf4f5c000)
libdb-4.2.so => /home/me/SecondLife-i686-1.22.10.112620/lib/libdb-4.2.so (0xf4e85000)
libcrypt.so.1 => /lib32/libcrypt.so.1 (0xf4e53000)
libuuid.so.1 => /home/me/SecondLife-i686-1.22.10.112620/lib/libuuid.so.1 (0xf4e50000)
/lib/ld-linux.so.2 (0xf7fa7000)
libfreetype.so.6 => /usr/lib32/libfreetype.so.6 (0xf4de0000)
libXau.so.6 => /usr/lib32/libXau.so.6 (0xf4ddd000)
libXdmcp.so.6 => /usr/lib32/libXdmcp.so.6 (0xf4dd7000)
libpangoft2-1.0.so.0 => /usr/lib32/libpangoft2-1.0.so.0 (0xf4db0000)
libSM.so.6 => /usr/lib32/libSM.so.6 (0xf4da8000)
libICE.so.6 => /usr/lib32/libICE.so.6 (0xf4d90000)
libpng12.so.0 => /usr/lib32/libpng12.so.0 (0xf4d6c000)
libpixman-1.so.0 => /usr/lib32/libpixman-1.so.0 (0xf4d43000)
Nothing missing there...
I really would appreciate any help. The new computer is SUPER fast, and more so on Kubuntu than Windows XP

but that SL bombs before making a log, and with segmentation fault, does not feel good at all...