CApplication::Create: Unable to init rendering system

11:57:34 T:964 M:436146176  NOTICE: -----------------------------------------------------------------------
11:57:34 T:964 M:436248576  NOTICE: Starting XBMC, Platform: Windows 7, 32-bit build 7600. Built on Mar  8 2011 (Git:e9e9099, compiler 1500)
11:57:34 T:964 M:436252672  NOTICE: Intel(R) Pentium(R) M processor 1.73GHz
11:57:34 T:964 M:436248576  NOTICE: Desktop Resolution: 1024x768 32Bit at 1Hz
11:57:34 T:964 M:436252672  NOTICE: Running with restricted rights
11:57:34 T:964 M:436252672  NOTICE: special://xbmc/ is mapped to: C:\Program Files\XBMC
11:57:34 T:964 M:436252672  NOTICE: special://xbmcbin/ is mapped to: C:\Program Files\XBMC
11:57:34 T:964 M:436252672  NOTICE: special://masterprofile/ is mapped to: C:\Users\User 1\AppData\Roaming\XBMC\userdata
11:57:34 T:964 M:436252672  NOTICE: special://home/ is mapped to: C:\Users\User 1\AppData\Roaming\XBMC
11:57:34 T:964 M:436252672  NOTICE: special://temp/ is mapped to: C:\Users\User 1\AppData\Roaming\XBMC\cache
11:57:34 T:964 M:436252672  NOTICE: The executable running is: C:\Program Files\XBMC\XBMC.exe
11:57:34 T:964 M:436244480  NOTICE: Log File is located: C:\Users\User 1\AppData\Roaming\XBMC\xbmc.log
11:57:34 T:964 M:436244480  NOTICE: -----------------------------------------------------------------------
11:57:34 T:964 M:436224000  NOTICE: Setup SDL
11:57:34 T:964 M:435965952  NOTICE: Found screen: Generic PnP Monitor on Standard VGA Graphics Adapter, adapter 0.
11:57:34 T:964 M:435965952  NOTICE: Primary mode: 1024x768
11:57:34 T:964 M:435965952  NOTICE: Additional mode: 1024x768
11:57:34 T:964 M:435965952  NOTICE: Additional mode: 640x480
11:57:34 T:964 M:435961856  NOTICE: Additional mode: 800x600
11:57:34 T:964 M:435957760  NOTICE: load settings...
11:57:34 T:964 M:435847168  NOTICE: special://profile/ is mapped to: special://masterprofile/
11:57:34 T:964 M:435834880  NOTICE: loading special://masterprofile/guisettings.xml
11:57:34 T:964 M:435822592   ERROR: special://masterprofile/guisettings.xml, Line 0
                                            Failed to open file
11:57:34 T:964 M:435822592   ERROR: Unable to load special://masterprofile/guisettings.xml, creating new special://masterprofile/guisettings.xml with default values
11:57:34 T:964 M:435568640  NOTICE: Getting hardware information now...
11:57:34 T:964 M:435568640  NOTICE: Checking resolution 12
11:57:34 T:964 M:435564544  NOTICE: Loading player core factory settings from special://xbmc/system/playercorefactory.xml.
11:57:34 T:964 M:435552256  NOTICE: Loaded playercorefactory configuration
11:57:34 T:964 M:435552256  NOTICE: Loading player core factory settings from special://masterprofile/playercorefactory.xml.
11:57:34 T:964 M:435552256  NOTICE: special://masterprofile/playercorefactory.xml does not exist. Skipping.
11:57:34 T:964 M:435552256  NOTICE: No advancedsettings.xml to load (special://masterprofile/advancedsettings.xml)
11:57:34 T:964 M:435552256  NOTICE: Default DVD Player: dvdplayer
11:57:34 T:964 M:435552256  NOTICE: Default Video Player: dvdplayer
11:57:34 T:964 M:435552256  NOTICE: Default Audio Player: paplayer
11:57:34 T:964 M:435544064  NOTICE: Loading media sources from special://masterprofile/sources.xml
11:57:38 T:964 M:432439296   FATAL: CApplication::Create: Unable to init rendering system