One thing that is possible:
it might be the windows
Try this:
Update your video drivers.
Activating the OpenGL display device...
Activating the OpenGL display device... (NEW)
Setting screen mode to 800x600x32@60hz (w)...
Creating a new window...
I can see here that it stops at "Creating a new window...".
It's quite obvious that it is overloading your monitor.
Weirdly, it is using 800x600, and that shouldn't overload anyone's monitor, these days.
Just try modifying /config/client/prefs.cs.
It will say something about "800 600". Replace it with "640 480" so it looks like this:
"$pref::Video::resolution = "640 480 32 0";"