Yep, same issue here also, currently following the instruction to delete it off from ftp, I do not know yet about re-installing but I'd hate to reinstall only to have to go thru all this to delete it again.
I'll note here, I couldn't even get into my admin without renaming W3 Cache in my ftp first .. once I got into admin, I was then able to follow the above instruction.
Yep, same issue here also, currently following the instruction to delete it off from ftp, I do not know yet about re-installing but I'd hate to reinstall only to have to go thru all this to delete it again.
I'll note here, I couldn't even get into my admin without renaming W3 Cache in my ftp first .. once I got into admin, I was then able to follow the above instruction.