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On both XnView 2.04 and XnViewMP 0.61 all of my WMV video file thumbnails only show half of the frame (see picture below).
I noticed this after I rebuild my rather old thumbnail cache on XnView, so I don't know how long it's been this way, but I will try out some of the older versions to see if they are any better.
I'm using up-to-date Windows 7 and I don't have any external codecs installed at the moment.
