While doing a flyby (been busy doing DCS Blackshark, DCS A10C, IL21946, and SteelBeastsPro)...
Saw this download link again, and downloaded your Vista LB2 package FlyBoy.
It installed fine on my Vista32 Home Premium system, and it did run "out of the box", as long as it sees my OEM CD2.
1. No matter which DX video card driver I select via LB2cfg, the graphics are poor quality (compared to DgVoodoo drivers)
2. Im unable to change the BASE TERRIAN in the options, all are inactive.
That being said,
I still have the OEM CDs and can install and run LB2 with those, (I do not have McAfee or Norton on this puter)
plus with the DgVoodoo drivers on my Vista system running in WinXP SP2 compatibility mode.
So, Im not sure why Im seeing what I saw with your installation and what drivers its using, if any.
Im betting that if DgVoodoo drivers are put in there, it will look great like my OEM install.