Hrm. Make sure that you have the latest drivers. Try running the repair utility. Try a full reinstall.
It's part of the movie. Long story short, the character does part time at a movie theatre and splices in single frames of porn. The golden ring is an old symbol from reel projectors as a warning to get ready to change the reels. Has nothing to do with the story of the movie. If you haven't seen Fight Club, I highly recommend it.
It's not exciting. Just find a thread in either space junk or the forum discussion section with somebody complaining about rep.