I just started my active install with 1.1
copying over various bits of design I worked out on a 1.0 test install.
NONE of my images using image_path show up.
But they don't show hard coding the URL either!
The image path setting is styles/ default
so uploading the image file to \styles\default --- I tried
<img src="@imagePath/candles2.png" />
I tried this with the full URL
<img src="http://www.housemorgain.co.uk/circle/styles/default/candles2.png"" />
<img src="http://www.housemorgain.co.uk/circle/styles/default/xenforo/widgets/candles2.png"" />
<img src="@imagePath/xenforo/widgets/candles2.png" />