Cant launch game at all. Crashes immediately

Sup people. A longtime ns2 player here having some (enraging) issues with a new install of ns2 that i hope someone can help me with.

So i downloaded NS2 on steam, a completely fresh install on a computer that never had steam nor ns2 on it before and ran into problems immediately. Basically the problem im having is that the launcher crashes as soon as it pops up, bugreport thingy comes up stating "the application has encountered a fatal error" and the game closes with the bugreporter after choosing send or cancel. Ive been scouring the forums the whole day for solutions but nothing so far has had any effect at all.

Gamefiles validate correctly every time, yet the laucher crashes.

I unsubscribed from all mods in the workshop and got rid of the folder containing them.

Ive tried to fiddle with different settings in the system_options file contained in %appdata%, different resolutions, windowed mode, all demanding settings turned off etc without results.

Deleted the lua folders, validated gamefiles, redownloaded everything, validated again. No results.

I went through Obbys full nuke guide. Yes i redownloaded the whole game (game files validated as usual). No results

And as far as the bugreport goes, it looks something like this:

Date: 02/05/14
Time: 18:35:16:

---

Build 262
Windows 7 32-bit (build 7601)
PhysX: 32 bit OS detected, disabling Cuda
Steam initialized
Num displays: 1
Direct3D 9 initialized: RADEON X600 Series (Microsoft Corporation - WDDM) (8.14.10.630)
Compiling 'renderer/Drawer.shader'
Error: SoundSystem::SetDevice - invalid ID
Sound Device: Högtalare (High Definition Audio Device) stereo
Record Device: disabled
Error: Mod '' wasn't available
Error: Mod '' wasn't available
Error: Mod '' wasn't available
Error: Mod '' wasn't available
Error: Mod '' wasn't available
Compiling 'renderer/DeferredShading.shader'
Compiling 'renderer/DeferredShading.shader'
Compiling 'renderer/LightVolume.shader'
Loading config://ConsoleBindings.json
Loading config://FavoriteServers.json
Loading config://HistoryServers.json
Compiling 'shaders/Model.surface_shader'
Compiling 'renderer/LightVolume.shader'
Compiling 'shaders/GUIBasic.surface_shader'
Error: Couldn't load 'screens/loadingscreen.jpg'


This is as far as it gets before the crash occurs. Same everytime. Another really strange thing i noticed is that if i leave the launcher open it still keeps loading stuff for a couple more rows (no errors, but still will show up in the log) but its really slow.

Also note that i have no mods installed.

A few other things i noticed is that after downloading the game there seems to be no "install process" at all. The game tries to launch as it is. Is it supposed to be like this?

Also the desktop shortcut doesnt look like its supposed to. Its just a "blank file" instead of the ns2 logo.

Any help would be appreciated! (sorry for the long post :P) Thx!