When I run Panzer Elite on my XP laptop with ATI 1100 grpahics (amazing that it runs, right), I get a completely black screen. I can hear the music of the pre-game intro and then nothing. I discovered that if I Ctrl-Alt-Del and end the Panzer Elite app, then the game loads and plays fine.
Posting this in case it helps anyone with a similar problem. Or in case anyone knows the cause and fix. I tried various video settings, compatibility modes, etc. and no diff. I have not patched the game yet or added any mods. Patching may fix it. I'll come back and post if so.
Cool game, though!