GENTLEMEN!
The game now WORKS! Launcher does not crash any longer. Let me clearly outline the steps I took to ensure this worked:
1) Go into Steam and delete COD (local content)
2) Go into Steamapps directory and delete any remaining IL-2 COD folders
3) Go into MyDocuments and delete the 1CSoftClub folder
4) Go into Programs and Software in Control Panel and delete the following:
a) .Net 4 Client
b) Microsoft Visual C++ 2010 x86 Redistributable
5) RESTART COMPUTER!
6) Open Steam re-download COD and install (DO NOT RUN YET)
7) Go into redist folder and run all available programd there
8 ) RESTART COMPUTER!
9) Fire up COD... it works.
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