Assuming you are using Windows 7.

1. Go to your C: Drive—->Users—>Your Profile—>Lucidlogix
2. Rename lucidloader.ini to lucidloader.bak
3. Rename lucid.log to lucid.bak (optional)
4. Re-launch Virtu Control Panel.
5. It will ask you if you want to re-create settings from default.
6. Click Yes and accept.
7. You should now be able to open the Virtu Control Panel and Enable Lucid

Admin Edit: This was found and copied(word-for-word) from http://www.midknightmagic.com/?p=991. We're sorry for not linking and giving the apropoite credit where it were supposed to be!