Nudging down the details helped for me as well.
Unfortunately, it seems that on Windows 8 it is impossible to Disable Visual Composition, or whatever fix is used for having to click UNDER the icons. Windows 8 simply doesn't have that option. The fix I found for this was to simply play in windows mode, and I could click on the icons themselves.
Just a fix for anyone who might have this error.
Also, I've said it once, and I'll say it again. I tried FFE on 4 different computers. All of which had Nvidia cards and I couldn't see any icons period. I moved to ATI with my newest computer, and BAM they appeared. Just in case one of you fine folks is having a similar issue.
IF you get FFED3D from the Elite Forever website, be prepared for a NEW error.
It basically keeps giving the 'no disk in CD drive' error constantly. Click 'CANCEL' instead of 'Continue' should take a few tries but it will eventually go away.
FFED3D is the least stable program I have EVER used.