Graphical glitches + command line gives errors

I've got 2 problems while playing MP ( so far [img]images/icons/wink.gif[/img] )
First is when I play the game without the -developer command line.
The tutorial and the first scene in your house go good but then at Roscoe station I get some serious graphical glitches, some parts get pixelated bigtime and it's really anoying.
Secondly ( and it might be related), when Irun the game with the command line I get these msg at the bottom of the screen in a big bright blue font.
In the tutorial I get

Warning : Material 'X:\PROJECTS\TEXTURES\GRAFITTI\GRAFITTI08_256*64.J PG' in category 'grafitti'has sorting enabled
Warning: Material 'KINEX02_256*128.jpg'in category 'grafitti'has sorting enabled
Warning: same line as the last one.

Then in the game and it comes up during the first intro scene and it stays there.
First 3 lines are the same +
Warning: Material 'AE_WATERBW5.JPG' in category 'external wall' has sorting enabled
Warning: Material 'sol2.jpg' in category 'externall wall' has sorting enabled
same for 'full_black.tga , NYPOLICE.jpg in category 'metal outside' ( I get that 2 times)
Dynamic Object ::start:: C1_Y.DO Animation "" to "0" is not continuous path.

That's it [img]images/icons/frown.gif[/img] I got no clue what it might be other than while installing the game the install program id not copy everything correctly or corrupted some files.

My system is as follows.
ASUS A7A266 motherboard
AMD 1.3GHZ CPU
128MB SDRAM ( next week -> 256 DDR)
Creative NVIDIA GeForce3 with v12.41 drivers
SOund blaster live value with latest drivers.
I run the game at 1024*768 at 16bit without antialiasing (although changing that to 2 samples didn't help) in D3D hardware T&L.

If anyone maybe from talonsoft or remedy read this, you guys got a clue??