Now i had similiar error, tried this. Before my items in inventory were just black squares, now atleast they look like what they should look like but it still crashes and i suppose thats because of my r3dopengl.cfg file is ''queer''. I would apretiate if someone would send me his working r3dopengl.cfg file somehow. My skype is saharzlv, you could find me on steam too. Name also SaharzLV.
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No need to help anymore, got this stuff done by myself. Now, one bug fixed, thousand more to get rid of. Gotta go start working