The problem I found out was that neither 32-bit versions of Windows 7 and even 10 had Renegade-X working, regardless of video card or PC rig. When I played the 5.16 version of Renegade-X in Win7 or Win10 64-bit, there were no problems at all. The problem was when loading the main menu or playing the Unreal game logo, the game crashes. Another issue I encountered, before the installation of Renegade-X was completed, the installation of MS Framework was not responding, except in 64-bit OSs. What version(s) of MS Framework and/or VC Runtime were required to run the game without issues?
Something tells me that recent versions of Renegade-X wasn't meant to work in 32-bit OSs anymore, even it is supported. As to the devs, please fix that issue for 32-bit users, because I believe that issue still has not been fixed.