Just to give more feedback, the patch worked good in my Win 7 64 bit on my laptop with 1280 x 720 resolution. I though at first I didn't need the COLOUR fix, but really there was small glitches on the colours (e.g. red spots on grass), but the fix solved that.
As already noticed, there is the problem with the HUD, that expands vertically more than in the original game (but, in my case, it scales correclty horizontally). I don't know if it is easy or even possible to change that, but really it's not so bad. It is a matter of personal choice, playing the game this way or on the original 4:3 resolutions.
EDIT: changed the part of colour fixing and the HUD.
Post edited June 26, 2016 by rosumek