You need to make an .ini file. The old smacker player in this game doesn't like win2k or XP so it's just a matter of making the .ini file yourself and disabling the movies, which sucks because I really liked the movies that went with the game. Anways make a new .txt file in the "final liberation" folder and copy this:
[Options]
MusicVol=100
FX_Volume=127
MV_Volume=127
UseGrid=0
DoVideo=0
WatchAI=1
AutoSave=1
then rename the .txt file to "epic.ini"
make sure you don't make an "epic.ini.txt" file. Then just run the program and everything runs fine. I got a black screen of death a couple of times but there is always autosave which brings you right back to where you left off. It only happened a few times too.