First of all, thank you for your effort! It was quite a hassle downloading every single file and then converting them all, but it was really worth it! TSL looks like a much newer game now, very nice!
However, transparency doesn't seem to work. Some have already mentioned the logo. But for me, also other textures with transparency are NOT transparent, like tree branches in Telos. Any idea why this is so and what I could do about it? I did everything according to your manual with Xnview (no flipping).