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2.0 (Apr 24, 2002)
This is just a note for mrzootsuit if he looks back here:
run "regedit" go to HKEY_CURRENT_USER\Control Panel\Desktop\WindowMetrics
And change the entry ShellIconBPP from 32 to 16, you'll get your high colour icons back.
May need a reboot, or just change your visual style and it should refresh it.
The only usefull powertoy for a long time has been TweakUI, although the media player would've been good if it wasn't so buggy.
1.2.5 Beta 3 (Dec 7, 2001)
I get the same problem in Windows XP final. Black icons instead of the graphics. Also tested on a 98 machine, get "Unable to open mailbox to store messages" error.