That is with the "video8.cfg" file removed?
That is just wrong. I am getting better frame rates on an old 7900GT video card. My lowly ATI 4850, at home, gets nearly 200FPS in this test. You should be getting hundreds of frames a second with the default settings for the game and the video card.
Something is seriously wrong here. Are you running the debug DirectX installation?
Wait, the results are with the Catalyst default settings, I put AH settings as they were in the picture I posted before, plus the "enable ground clutter" checked. Right after removing the video8.cfg file and resetting the CCC, my fps were in the thousands, IIRC.
I went online, before, all maxed out, in LateMA, Baltic map, about 200 people, ping was 180/200, Vsync enabled and I got a stable 59/60.
TC, I didn't reinstall 12.1, just reset the CCC options to default.
EDIT: Sorry, Skuzzy, this time it's really my fault, I didn't read well!
Oh, btw, testing was done with 2.27.3, while online, obviously, I played with 2.27.4.