This isn't actually a media VP error. It's FS2_Open's version of the Y2K bug. It's only reading the version string from after the decimal point so it thinks that OpenGL 2.0 is 1.0.
You'll need to grab a more recent version of FRED to solve the problem (3.6.5 is over a year old!). This build is probably the most compatible with 3.6.7 although IIRC you will need to install OpenAL in order to get it to work. You will probably need to run FS2_Open 3.6.7 if you aren't already too.
Thanks, I'll download these and see if it works.
Not to sound like a jerk becuase I know a lot of work goes into everything SCP, but why doesn't the scp.indiegames site have the latest Fred exe's? Or is the build linked to not "official"?
OK, Tried it
The -r build works but I can only add Uly's no matter what ship I select
The -d build crashes after giving me an error about Warning: Couldn't open texture 'red_glow_small'
referenced by model 'fighter01.pof'