While it has been awhile since I have installed the emulator on a fresh computer, I decided to try it on a fresh Win7 install.
The notes outlining pertain to ALL installations.
Since late December, I lost one of my hosts due to drive failure, and didn't remember that the emulator downloaded an overlay from that host, which should have been pointed to the CINE server instead. This file is usually requested when it doesn't exist in the 'main' sub-directory, such as a fresh install.
After successful installation, and manually replacing the two files from the June '09 update, take this attached file "satradoverlay.png" and place it into C:\wsxl\main\
Ofcourse, after that, set your ID, then run the emulator.
While Vista seems to be the most problematic OS to work around with security, Win7 was a breeze, with no "run as administrator" requirements.
Please leave your notes below saying if this helped.