I try reinstall it, run it as administrator, set 1680x1050, 32-bit, nothing. The animation when you start a game is blinking too. It looks as driver problem maybe. I tried everything and start to feel hopeless...
Fail was in ATi display driver distributed via Automatic Updates in Windows. I downloaded ATi Legacy 10.2 driver for Vista 64 and it works fine.
One small problem persists, my mouse goes too slow in play..