Nasao sam resenje:
problem eith Nerovision 4 [Unable to load licensing subsystem. Please re-install the application]
I had the same problem in Nero 126.96.36.199b it is a problem with non us-english system settings (Cyrilic languages like Russian, Ukranian, Belorus, Serbian, Macedonian, Bulgarian and so on), on english wersions of windows xp, and us-english wersions of nero 7 this is how i got arround them: Go to the Controll Panel, open regional and language settings, go to the advanced tab, and select us english for your Language for non-Unicode programs, reboot now the licencing subsystem problem will be gone but a bunch of other non-unicode programs that worked well will start to glitch (unleast you will see your native alphabet like an Egiptian Hirogliph) Nero 7 sucks!!!