So as this thing is so great, I'll try to write a detailed bug report about working with internal editor. These are just two minor bugs, but anyway, maybe it's useful information...
As seen in this thread, the ddraw.dll fixed my problem with blinking cursor in editor:
http://mopolauta.moposite.com/viewtopic.php?f=4&t=9259
I only noticed two small problems:
1. Weird alt-tabbing after using internal editor.
Playing and alt-tabbing to win7 64bit works perfectly.
When I use the editor however for the first time after starting elma and I alt-tab to windows for the first time, everything LOOKS fine. But as soon as I click somewhere (like on startballe.exe shortcut), screen resolution of windows changes to very small (like elma native resolution). I can use windows but with ugly colors and resolution. If I alt-tab again to elma, then back to windows, everything is fine again. Right now I am unable to recreate the bug... weird.
2. Alt-tab to windows when zoom window in editor intersects with 2nd monitor.
I use two monitors and when I use the Zoom in box to zoom in and this box intersects the border between main (left) and 2nd (right) screen, elma goes straight to windows. This does not happen if I touch the other borders of the screen. This bug can be recreated any time.
Hope this helps, thanks again for this thing.