It doesn't look like your GPU is capable of running with the hardware acceleration enabled. I think the only solution on that PC is to disable hardware acceleration (check-box in the global settings window) and restart RM.
The rmdb issue is actually a display bug more than anything. RM will have created a new workspace with the rm2db extension, and when you click on a workspace of the same name with a .rmdb extension it will load the rm2db in preference (but still show the v1 in the list). We should fix that.
I would be interested to see the specs of your GPU if you want to share them - run dxdiag from the Windows run prompt and the information is in there.