Yikes! I don't know what a Intel(R) 82865G Graphics Controller / 32902 video card is :? . Do you have a clue what level that would be equal to on the NVIDIA, or ATI series? I have no clue.
Then is says it couldn't find a depth buffer. Which means even if there was rendering, the TV3D.Clear function would not work, and you would end up with trials all over the place.
Multitexuring supported (0 textures at once)

? Does that mean textures wont work at all?
SOFTWARE VERTEX PROCESSING failed? Then it says "Try with the Reference Rasterizer (Software)". Hummm. That's going to be slow :?
But the main concern here is that it was unable to initialize the device.