Hey guys I'm alive and BACK!
MAJOR apologies to karajorma and everyone else on this thread who offered their help into sorting out FS2 for me and for not telling them that I'd be gone. Reason for my long absence was down to a holiday in the mediterranean and and other preoccupations kept me from answering this forum again. So sorry.
As for the FS2 issue, I ran into a funny problem after the video (succesfully) worked the first time but I will explain later in detail.
I had to delete the game completely though, since my computer has been under refurbishment for a while - mainly because of disk space - I had to delete the game anyway. I'll re-install the game soon enough and run the FS2_Open program again.
Anyway, once again thanks for the help.
Cheers.