Hi Phineas,
Did you try checking out the resolution set by game.ini as fortress13 suggested?
I had the same problem as you, on a fresh install, and when I checked found it was trying to set my resolution to 0x0...when I manually set it to my actual resolution the game sprung to life.
It's worth a look, because I also had a 8800 series card and I wonder if that's part of the cause. In any case, I hope you find your answer soon if this doesn't do the trick.
Cheers.
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