I'm using the latest available and I also tried the non-Beta, they both behaive the same. For now, using version 4 and no shadows in WindowFX appears to be the work-around. WindowBlinds 5.0 System Information Report:
STATUS : WB+ SRV+ HLP+ UI+ TRAY+
WindowBlinds is installed correctly on this PC.
WindowBlinds appears to be activated on this PC
Your machine supports per pixel borders on WindowBlinds skins.
You have one monitor in total.
(Plug and Play Monitor) 1 is attached to Radeon X1900 Series
Wblind.dll 2006/08/23 17:13:20
Wbsrv.dll 2006/08/23 17:18:30
Wbconfig.exe 2006/08/19 14:24:16
Wbload.exe 2006/03/13 17:54:12
Wbhelp.dll 2004/09/18 16:37:00
Wbui.dll 2005/12/06 21:29:06
Tray.dll 2006/04/13 17:29:04