SH3 rendered "dizzy" (Screenshot attached)

With help of BL!TZKR!EG's guide I have just installed SH3 and it works on my Win7-machine.
I've started a first test-game and the game loads and starts. I can switch through the compartments. All is fine.

BUT: As soon as I activate any "outside view" using outer camera or "." or "," the display changes to dizzy.
And that continues then on every screen, even on the menu.
It's impossible to continue to play.

The screen then looks like this:


How can I fix this?