I believe "disable visuals" only disables the impulse engine wake visual. I'm pretty sure you need to uncheck "enable screen shake" or something like that in "Options" >> "Controls"
.. and the "Discuss This On The Official Forums" link at the bottom of the announcement leads to a forum post from August regarding the STO panel at STLV.
Have seen several reports that STO no longer runs on XP after this patch. The EZ install of STO using Crossover is into an XP bottle. I'll try installing into a Win7 bottle later this afternoon to see if that makes any difference.
Just to chime in, I run STO under crossover on my MacBook and have run into the same issue. I get to the black screen with "Cryptic" in the center, the progress bar makes a tiny bit of progress, hangs, then quickly crashes out to a cryptic error window. Have already re-installed STO, with no improvement.