I've had the same problem... I went to the installation folder in program files/webteh/bspayer/ Then, right-click on bsplayer.exe, click Troubleshoot Compatibility, then Next, and tick the "The program does not display corectly" box, then Next, then "Windows transparency isn't displayed properly", Next, Next again and "Save the setting for this program"... It will automaticly switch Aero on and off when you launch BS Player.
Hope it helped!
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