Blackbox issue, game unable to startup, help.

[veryangry]

This game refuses to work for me, I have the latest Steam copy, and I can't even get this game up and running. Period. Yes.. I've read the troubleshooting guides, which are of no help to me whatsoever (as to be expected). Here is my hpl.log:
-------- THE HPL ENGINE LOG ------------
Engine build ID 20100818114615

Creating Engine Modules
--------------------------------------------------------
Creating graphics module
Creating system module
Creating resource module
Creating input module
Creating sound module
Creating physics module
Creating ai module
Creating gui module
Creating generate module
Creating haptic module
Creating scene module
--------------------------------------------------------

Initializing Resources Module
--------------------------------------------------------
Creating loader handlers
Creating resource managers
Adding loaders to handlers
--------------------------------------------------------

Initializing Graphics Module
--------------------------------------------------------
Setting video mode: 1024 x 768 - 32 bpp
[END]

It ends there, when I double-click Amnesia.exe I am greeted with an infinite black screen that locks my computer up, I'm forced to complete a hard reset of my computer - potentially breaking it... here are my specs:
AMD Radeon 5770HD
Phenom II 3.2ghz Quad Core
4GB RAM
Windows 7 64 bit
ATI 12.6 Beta driver

I'm using a desktop machine, not a laptop. My GPU ISN'T the issue because I've have seen a YouTube gameplay video with my exact card running perfectly and I know my GPU is capable of running this broken game.

Thanks for conning me out of my money, I hope you feel happy, Frictional Games. I wish I could sell this piece of turd back and it would of been easier to have made the game through the support of Direct3D.