For the record, error.log reports this one and only problem:
[virtualfilesystem.cpp:570]: Could not open file: gfx/models/Mapindicators/Muslim_Steward.xac
That file does not exist. (But steam validation seems to pass anyway.)
System.log:
[systemsettings.cpp:181]: System memory: 1024MB
[systemsettings.cpp:183]: CPU speed: 2533MHz
[systemsettings.cpp:190]: Number of processors: 2
[systemsettings.cpp:201]: CPU type: x86
[systemsettings.cpp:233]: OS: Windows XP Service Pack 3 Build: 2600
[gfx_settings.cpp:51]: Graphic Adapters:
[gfx_settings.cpp:56]: 0: NVIDIA GeForce GTX 460
[gfx_settings.cpp:73]: Checking for multi-sampling support:
[gfx_settings.cpp:84]: 2 samples supported.
[gfx_settings.cpp:84]: 4 samples supported.
[gfx_settings.cpp:84]: 8 samples supported.
[gfx_settings.cpp:99]: Using Adapter [0]:
[gfx_settings.cpp:105]: Succeeded to create a device [D3DCREATE_HARDWARE_VERTEXPROCESSING].
[gfx_settings.cpp:147]: Graphics device: NVIDIA GeForce GTX 460
[gfx_settings.cpp:148]: Graphics driver: nvd3dum.dll
[gfx_settings.cpp:153]: Driver version: 7533
[gfx_settings.cpp:170]:
Dumping all gfx info:
DeviceIdentifier: {D7B71E3E-4D62-11CF-856A-F0141FC2C535}
VendorId: 4318
DeviceId: 3618
SubSysId: 888935512
Revision: 161
DriverVersion.HighPart: 524305
DriverVersion.LowPart: 793965
[gfx_settings.cpp:220]: Instancing supported.
[gfx_settings.cpp:238]: Video memory amount: 1342MB
[gfx_settings.cpp:241]: Support for T&L found.
[gfx_settings.cpp:244]: MaxSimultaneousTextures: 8
[gfx_settings.cpp:245]: MaxVertexBlendMatrices: 4
[gfx_settings.cpp:246]: MaxVertexBlendMatrixIndex: 8
[gfx_settings.cpp:248]: MaxSimultaneousTextures: 8
[gfx_settings.cpp:249]: MaxTextureBlendStages: 8
[gfx_settings.cpp:250]: Support for Anisotropic filtering found.
[gfx_settings.cpp:253]: Max Anisotropic filtering: 16
[gfx_settings.cpp:254]: Anisotropic filtering set to: 0
[gfx_settings.cpp:258]: Vertex Shader version: 3.0
[gfx_settings.cpp:263]: Pixel Shader version: 3.0
[main.cpp:452]: CK2 Version Jun 21 2012 : 10:35:08
[main.cpp:453]: Commandline:
[internationalizedtext.cpp:1244]: Create table
[internationalizedtext.cpp:1246]: Create text database
[ck_application.cpp:512]: Initializing application...
[ck_application.cpp:516]: Done initializing application
[ck_application.cpp:524]: Loading cursor...
[ck_application.cpp:574]: Done loading cursor
[ck_application.cpp:577]: Initializing sound...
[ck_application.cpp:612]: Done initializing sound
[ck_application.cpp:614]: Initializing graphics...
[graphicssettings.cpp:624]: Not using multisampling.
[graphics.cpp:162]: Creating device with: HARDWARE_VERTEXPROCESSING
Fullscreen=yes
RefreshRate=60
Resolution=1024x768
[graphicssettings.cpp:413]: Usable res: 1024 768 60
[graphicssettings.cpp:413]: Usable res: 1024 768 59
[graphicssettings.cpp:413]: Usable res: 1152 864 60
[graphicssettings.cpp:413]: Usable res: 1152 864 59
[graphicssettings.cpp:413]: Usable res: 1280 768 60
[graphicssettings.cpp:413]: Usable res: 1280 768 59
[graphicssettings.cpp:413]: Usable res: 1280 800 60
[graphicssettings.cpp:413]: Usable res: 1280 800 59
[graphicssettings.cpp:413]: Usable res: 1280 960 60
[graphicssettings.cpp:413]: Usable res: 1280 960 59
[graphicssettings.cpp:413]: Usable res: 1280 1024 60
[graphicssettings.cpp:413]: Usable res: 1280 1024 59
[graphicssettings.cpp:413]: Usable res: 1360 768 60
[graphicssettings.cpp:413]: Usable res: 1360 768 59
[graphicssettings.cpp:413]: Usable res: 1366 768 60
[graphicssettings.cpp:413]: Usable res: 1366 768 59
[graphicssettings.cpp:413]: Usable res: 1600 900 60
[graphicssettings.cpp:413]: Usable res: 1600 900 59
[graphicssettings.cpp:413]: Usable res: 1600 1024 60
[graphicssettings.cpp:413]: Usable res: 1600 1024 59
[graphicssettings.cpp:413]: Usable res: 1680 1050 60
[graphicssettings.cpp:413]: Usable res: 1680 1050 59
[graphicssettings.cpp:413]: Usable res: 1920 1080 60
[graphicssettings.cpp:413]: Usable res: 1920 1080 59
[graphicssettings.cpp:413]: Usable res: 1440 900 60
[graphicssettings.cpp:413]: Usable res: 1440 900 59
[graphics.cpp:203]: Done creating device.
[ck_application.cpp:634]: Done initializing graphics
DxDiag:
View attachment DxDiag.txt
Settings.txt does not exist (fresh install).