Ok, I finally found the solution after searching around some more. Thanks to this poster (Krazy Konrad):

"Running LW 4.8.1 basic, windows xp, updated as far as i know

Today i started up LW and the window appeared but ther was nothing on it, the main window was all white and the "upgrade to pro" window was just grey. Restarted my comp a few times didnt fix it.

Solution i used:

LW had worked for me before so i knew it should be working,the only thing i had changed is in my video options for windows.
i have a ATI x800

right click on deskto-> properties -> Settings tab -> advanced button -> 3D ati tab -> direct 3D -> custom button

i had just switched the check boxes labled "application prefference" for AA and anisotropic from checked to unchecked becasue of a game i was playing and set them to 4x AA and 8x Ansi. Then i later i started LW and got the blank screens, so i changed the boxes back to "application prefference" checked and LW started normally.



Hope this helps anyone having this problem (i know thre was at least one other person) and to the LW devs, hope this helps you fix it more permanently."


Someone sticky this guy's info, it was impossible to find.