You got any kind of wincustomize program? Make sure that you are not running on a secondary device provided by your graphics card as well.. If not try this :
Go to your GunZ folder and open a file called "mlog"
find this line
Wfog Enabled Device.
Under that line it should say:
device created.
If it doesn't say that then go to start>run>msconfig>click on the startup tab>click disable all>click apply>click okay>restart your computer>run your internet connection>run the gunzlauncher>click start game
If That also doesnt work then give me a call I'll try to figure it out