Have you tried running it in Windows' own compatiblity mode?
(You'll need SP4)
Click Start->Run. Type: regsvr32 %systemroot%\AppPatch\slayerui.dll
Reboot.
* Create a shortcut to the application and place the shortcut on the desktop.
* Right-click the shortcut and click properties.
* Select the compatibility tab
* Check the Run in compatability mode checkbox
* Select the OS you want to the application to think it is running under.
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And, the Apcompat.exe tool is located in the Support folder on the Windows 2000 CD-ROM.
http://support.microsoft.com/kb/q251062/Application Compatibility Program (Apcompat.exe)This program is designed to overcome the most common causes of application incompatibility with Windows 2000. You can use this tool with a Windows interface by running the Application Compatibility program, or you can run this program as a command-line tool.
To use the Application Compatibility program,
1. Click Browse and specify the executable (.exe) file for the program you want to run.
2. Specify any of the Application Compatibility settings, and then click OK.
Try those

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