If you used the System Restore function of your computer, it is very likely to have installed an obsolete antivirus program. Almost all computers now come with an antivirus program of some sort installed, and the Restore disks (or built-in System Restore) will reinstall it automatically. The LP5 error often comes with an old version of the Computer Associates antivirus software that was bundled with AOL.

Open the Windows Control Panel, check your list of installed programs, and see which antivirus program you have. Uninstalling or deactivating it should let Video Edit Magic work normally.