The decriptive text in on the back portion of the DVD is not very legible with the busy background.  Overall, the back cover seems as if there is not enough empty space and no focus on the content or description.  Perhaps a simpler font with less of a busy background would help convey the message?

Give details regarding the type of audio clip(s) that can not be heard... ex.  32 bit or 16 bit... mp3, wav, etc.

If I read your post correctly... The problem is that Liquid can't find your jpg that you want in your final export.  But, you get a missing file error with the same jpg named file that was replaced. If so... then, it seems like all you need to do is go to the project's bin that contains the missing jpg file (i.e., better version ...

What is your computer specs...?    

I am working off memory here... so, I could be wrong.... but, registration problems were caused when Liquid was removed... not, if you left it on your system and installed both applications. Perhaps you can  post this question over on the AVID MC site to verify.

I have had no conflict ... and have not heard of any...

Just go the AVID's site and buy either the MC4 or MC5 upgrade (or full version for that matter)... when you start the buying process,  the site will only allow you to buy the upgrade version ONCE you have entered your promo code you should already have recieved to upgrade from Liquid to MC4,,, you will find the discounted price indicated as ...

What are the specific properties for the audio... is the audio 16 bit?

Ya' know.... sometimes you can't see the forest for the trees. I woke up this morning and did exactly that... and it appears to have worked.... it's amazing what a good nights sleep can do. But... in my defense... I did originally install the service patch but it appears my CD/DVD player has crapped out on me... so...it is very possible ...

Potentially useful information that might point to a potential solution... When I change the monitor resolution, the green frames disappear but are replaced with random-like frames... so... the render is stilll screwed up. The re-install has something to Liquids ability to render video.... any fix short of spending the next 3-4 days (no ...