CFIDE/administrator/index.cfm fails with HTTP Error 404.17 - Not Found

This is an install of ColdFusion 11 on Windows Server 2008, with IIS 7.5

I am unable to get the administrator screen to load.

http://127.0.0.1/CFIDE/administrator/index.cfm

Here is the error and the IIS trace

Here is the IIS trace, why is a StaticFileModule being used??:

Here is my static MIME mappings, it does not contain a mapping for *.cfm

Here is my Handler Mappings, it does contain a mapping for *.cfm

What is wrong? How do I get the administrator web page to come up?

Thanks,

Tom Graf