ALL APPEARS TO WORK DESPITE THE WARNING
Note: I do have the right permissions but we are running in FastCGI mode. Never had this on the previous version.
WARNING
Akeeba Backup could not determine the permissions of the media/com_akeeba directory.
Please do one of the following:
1. Activate Joomla!'s FTP mode in Global Configuration
2. Change the permissions of the media/com_akeeba directory and all of its subdirectories to 0755 and all of its files to 0644 using your FTP client.
Akeeba Backup will most likely not work at all if you do not perform these steps. Do not ask for support if you can see this message. All the information you need is already on this message.