I'm using Pinnacle Studio Plus 10.7 and this problem is completely baffling me. My computer sees the video and audio just fine, and I can capture both with ease.

But it's in black and white! I can't find an option ANYWHERE that changes this. Windows Movie Maker sees color just fine but this software insists on doing the preview and the video capture in black and white.

Anyone have any idea what's going on?

I'm using Windows XP with an Athlon 64 processor and my capture cards are my XFX 7800 GTX and a soundblaster audigy gamer.