Hi, motobear50, it looks like something has gone wrong with the website today, as I just tried creating a synth and saw the same behaviour right away.
I checked Photosynth's log files and found the following error message:
SOAP fault: 400,Server,,[Server was unable to process request. ---> The type initializer for 'Microsoft.Photosynth.WebService.PhotosynthService' threw an exception.
This is very out of the ordinary. Hopefully we'll see a fix by the end of the day. If not, I'd be quite surprised if this lasts the weekend.