Thanks for the link to the Underdogs... Really didn't help that much, but good to find the game with such an easy installer (previously I had to install all the updates manually).
I have mainly the same problem as most of the people here, no cards appear at the bottom row in Deck build/edit EXCEPT for Air Elemental. Don't know why this happens... I've been busting my ass off trying to find a solution, but I either lack the proper tools or I am just not good enough with solving this kind of problems. :x
I didn't always have this problem. It started when I had a different install of MtG installed and has continued to this day, even with manual registry clean-up and a new installation of MtG. I think it MAY have something to do with my keyboard. I use a Logitech Internet Navigator Special Edition and if I remember correctly (may not be so) the problem appeared when I installed drivers for the keyboard...
I also noticed that I get no text ingame when I don't have ati2evxx.exe running. This is the driver for my Radeon 9600 PRO, so Radeon users might want to check their Catalysts and make sure they are running... Hope this piece of info can help someone.