Hi Adam, no not edited, it is in game, I was scratching my head after I was getting the same no shows as you in game so I checked everything then it dawned on me I had done a steam verify files and of course it overwrote my Launcher.exe.config
I put the lines back in and my hysterically correct chute worked, you might want to check yours.
<setting name="nativeDLL" serializeAs="String">
<value>kegetys.dll</value>
</setting>
I used Gimp in this instance:
Open up Kupol_Parasuit_Diffuse.dds in DXTBMP, then goto image command and select send to editor, this will convert it to a bmp and open up your editor Gimp,CS5 etc, providing you have told DXTBMP what you default editor is in the preferences.
So there I have it in gimp ready to go, create a layer for each adjustment that you make, that way its easly undone an you can minipulate them a lot easier.
When your happy with your adjustments flatten the layers and save it under the same name, remember it's still in bmp format at this time.
Leave your editor open that way if you have to make some more adjustments you can easily und/go back and adjust, of course if your in photoshop you can save it as a psd and this will keep the layer structure intact providing you havent flattened them, if you have just do a step back and save again once you see all you layers displayed.
Open up that bmp in dxtbmp and now save it as a dds dxt3 file.
Mine lives in : C:\Program Files\Steam\steamapps\common\il-2 sturmovik cliffs of dover\MODS\Chute\$bob\3do\humans\aircrew\parachute \parts
let me know how you get on.