I made a updated THPS4 crack. Since RAZOR's original THSP4 crack missed the CD-key check and because of that if user is using a portable installation and does not have the registry key for cd key it will fail with "Failed to initialize graphics engine".
It is the best version since I have patched the CD-key check to serve a random valid cdkey to the game, and you can also set a custom CDkey in NYKAESY.ini if you want to. This will make the game completely portable and people shouldn't have any registry problems anymore. It will also check for existence of "Save" folder and create it if it doesn't, because that folder can't be created by the game itself and saving will fail if it's missed.
Also the configuration tool (Start.exe) has been modified to allow user select widescreen or not and also to randomize the playlist if wanted to. The playlist randomization and widescreen patch code has been loaned from latest version of ThirteenAG's WideScreenFix.
Crack also includes the d3d8.dll fps limiter to limit fps to 60 to prevent problems with modern PC's.
With this crack all the problems running THPS4 for users have been taken care of.
Have a nice day!
EDIT: Updated to version 1.3, fixed LAN multiplayer, no more "failed serial check" from host.