Darn, I know I should've posted that William shatner cover of the "Transformers theme song" video instead
Yep resolution isn't really that great, but if you're into 80's videos, the YouTube site has plenty of them, almost like you stepped right back into the eighties
Anyway, thanks a lot for checking that video DJ(glad you enjoyed it as well hehe)
I think I've got this one solved, since switching overlay off didn't help a lot, I took a look at windows hardware vid. acceleration. After taking the slider back to no acceleration at all the blue stripes were gone.
So I've changed the output module inside "preferences\video\output modules to "Windows GDI video output" and everything works fine again.
Seems to be a DX related problem, for future reference for others I'll mention that I'm running a GeForce 6600 LE card on XP sp2\DirectX 9.0c.
Thanks again everyone for the replies and help