Updated to:
WindowBlinds version : WindowBlinds 5 (5.5 (build 84 x86))
WindowBlinds is installed correctly on this PC
WindowBlinds appears to be activated on this PC
You have one monitor in total.
(Dell 1906FP (Analog)) 1 is attached to Intel(R) 82945G Express Chipset Family
Wblind.dll 2006/12/12 16:40:20
Wblind64.dll 2006/10/09 11:51:37
Wbsrv.dll 2006/11/18 14:47:19
Wbconfig.exe 2006/12/20 13:35:02
Wbload.exe 2006/03/13 17:54:14
Wbhelp.dll 2004/09/18 16:37:07
Wbui.dll 2005/12/06 21:29:06
Tray.dll 2006/04/28 18:26:49
/---
Still had the same problem, in fact, it got so nasty at one point that I couldn't even screenshot it and instead took a snapshot with my phone:

I've since changed skins from Simplealpha to DogmaX4, so we'll see if that helps.