Hey Ripley,
yes, the links will also be created if the target does not exist.
This should only be valid for the "Sound" folder as the "Config" folder is definitely present.
But out of interest, what did this "Could not create Sound link" message look like exactly? A screenshot would be nice maybe?
If you want to reproduce this, you can always just delete the links from the "Modules\Server" folder and try again.
Again, the link from "Modules\Server\Sound" points to "..\..\Sound" even if that (target) folder does not exist! It just gets you nowhere then, but when OrbiterSound is not installed, it doesn't matter anyway. Another advantage is that, ass soon as you install OrbiterSound later on, the link is already in place.
Regards,
Kuddel