I waited to reply until I re-calibrated and profiled both my laptop,Toshiba Satellite with Vista Home Premium and my internet LCD with Vista Home Basic with the newest release, v1.0.5. I am not experiencing any of the issues that you mention, display profile does not reset after a restart, and pictures look normal, not blown out using the windows slideshow(?). I don't have a solution for you but it does work properly on my two different vista systems, but they are both relatively new. Support has been quick to respond when I contacted them.
Thanks for taking the trouble to tell me how you got on calibrating your laptop. I also have the latest version colormunki software. The laptop I am having problems with is a Toshiba Equiem P300 running Vista Home. I'm not sure if it could be the graphics driver. The laptop is using an Intel 965 express chipset. I have downloaded latest drivers, but still have the same problem.
Incidentally, the picture of the ducatti is Blue on my desktop XP pro Machine and Red on my Vista Laptop.
Which is also proof of photo gallery being color managed.