I installed an old 4.84 and it at least gets to the menu, the new version crashes right after launch. I don't even get a spash screen.
Now granted, I've only got onboard video, and even that I don't have the specs for, but if it was running before, what could be different from the previous verson? Again, this is from a totally fresh install.
BTW, I'm not trying to run freelancer on 2 computers at the same time. This is the computer in the attic I go to when the misses is being... Well, when she does what she does best. -_-