launch the game and then alt tab out to your desktop.
it puts 1k34-134j-1343-kd134-134j (not a real key) when in the registry if you take out the - it makes everything work correctly. The main reason this profile problem happens is because steam changes the format of your cd key in your registry. Ok so after about 3 hours of tinkering with things with my buddy evilklown we have come to this to help.