Horrible performance on win7 system

[douglas1999]

My main computer had a HD failure so I'm trying to get the game up and running on a win7 system. Installed everything and I can log in but I'm getting extremely choppy framerates (~10 fps) and the text\UI looks blurry and smeared, even when I set the client to my monitor's native resolution.

OS is win7 home premium 64 bit SP1.
Video card is a GeForce 6150SE nForce 430 (which is a crappy integrated card, I know, but it should be more than enough to run classic eq I'd think).

I have the latest drivers for everything, not sure what else to try.