Shawn,
It appears you are using Creo with the config.pro option "graphics" set to "win32_gdi". This option allows you to run Creo on computers that have low end graphics cards (that don't support Open GL), however as you can see, performance and display is not ideal.
The document below explains the graphics requirements for Creo 2.0 as well as the different graphics options that can be configured.
http://apps.ptc.com/schools/references/support_creo2_graphics.pdf
Regards,
Adam
