I just uninstalled and reinstalled and still have the same problem. Hopefully someone will come across this and help me out.
After downloading and installing the latest patch (at least I think it is) age2xpatch.exe 1.0c I get an 'insert disc error' when double clicking age2_x1.exe to start the game. The disc is in and I can run the game fine with auto-run. The problem though is I have windows 7 so to fix the colour problems I need to use my .bat configuration and open the game with age2_x1.exe
...And I have here IrRUhhRaAyUH--but it doesn't even matter.