Finally, works! Thanks, folks:) My layout of video / codec panel is totally different, seems the guys finally put these things in B 2.5...2.6 upside down, as I dreamed. Hope the material editor will get even more work. It was still the old good mess when I was trying 2.5alpha..

Quote - I'm currently bound by WindowsAncient...errr...WinME to Blender 2.45, that's the last build that works on my OS.

Hmmm... Yur machine looks almost identical to mine, expt. better graphics card and disk. Haven`t you considered moving to e.g. Ubuntu? My machine runs ver 10 more or less reasonably, and handles C4D rel. 11 (on Wine) renders, etc. Or are you also using LW?;)