Thank you all for your quick response, I appreciate it.
This is what I receive from SL;
Second life is unable to run because your video card drivers did not install properly, are out of date, or are for unsupported hardware. Please make sure you have the latest video card drivers and even if you do have the latest, try reinstalling them.
I also tried running it in XP mode in properties. No effect as well.
Specs are not needed because it worked when I had SL on my windows XP (on the same computer).