Reaper hangs on startups looking for DirectX fx - Recording

I am seeing this error on startup of Reaper: It just sits there, can’t get out of it. Also couldn’t find any fix from what I’ve seen on Reaper forums. I am thinking that possibly there might be some kind of startup.ini file that this value could be overwritten. I rather not reinstall again as it will probably break up all my validated software and I have to re-register. This changed recently though, as I have no idea why. Possibly after I installed the latest Cakewalk by Bandlab (Sonar).

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How to Fix your Reaper Startup Crash!