I had the same problem, changed to dx9 in config file and away it went even though my GFX card is "supposed" to be dx10 compatable

Thanks for the info, it will be worth a try. Could someone tell me how to change that? Would be much appreciated.

Well I changed it to dx9 config and that got it working! But with a terrible frame rate and graphics that remind me of Chuck Yeager Air Combat!
So I'm just going to give up for now, maybe have a look in a few months and see if any patches have helped.
Its just abit of a bugger that while my computer might not be up the same spec as some of the beasts you guys are running it still exceeds minimum requirements, but the game is unplayable, even on low settings!!
Back to IL2 1946 I suppose, although Rise of Flight or Wings of Prey are looking tempting right now....