Filippo didn't mention anything about running a Beta version so i presumed he/she wasn't.It is a bug since last beta! (7.11 beta 1)
I have the same Bug since last Update. It is the reason why i assume it has something to do with the last beta. I checked it with Autoruns, and it says "/nosplash", but i have now two start entries in my registy.It would be nice if Filippo would let us know how he/she got on though.