Well time to update, pulled my soldering iron and took a deep breath and decided to short E127R, I'm not a wizzard on this things but managed to do it.
Result:

I now get a stable image from the indivision!!!! At least the system is not crashing anymore,

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Now for the not so good part, Image quality is not what i've expected, image seems to flicker very slightly, on HighGFX 1024x768 image is good and clean some slight flickering on left bottom (also on every other resolution) color seems good, get the feeling some discoloration on bottom left, on Multiscan productivity 640x480, image is good but wb screen is bigger than the visible screen so i have to scroll it down. Indivision control panel doesn't do anything on screen position :dry:... and some other thing i can't remember now.
I'm using a Sony Trinitron CRT E100 15''.
@Rkauer, thanks for persuating me to do the E127R shorting fix

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---------- Post added at 11:30 ---------- Previous post was at 11:26 ----------
Other thing, I install WB 3.1 + EIDE99 software for the Elbox EIDE interface, then install WB 3.9, everything fine.
Then on WB 3.9 i insert a CD or dvd but no icon for the inserted dvd or cd apears!! I select mount cd on startup, EIDE reports CD2 is already mounted, but no icon on desktop.