Hey thanks guys! Tried the command line thingy, it didnt work :p , but I started windows in safe mode and ran setup in there, and managed to launch without hardware acceleration. Must be the ATI issue.
I managed to connect to a server, setup a character and start loading the game. Now I have a different problem! The game crashes right at the end of loading,
the psclient log says something about missing widgets and images, I\'m sure I saw one of those in another forum, may well be the Radeon.
Thanks for your help guys.