Were you careful to delete just the files in the dynamic folder?
Is there an error message in the '
..\Divine Divinity\Run\error.txt' file, if it exists?
When the configuration tool is started, it opens/reads/closes;
..\run\config.lcl
..\run\nlseng.dll
..\run\slashed.cfg
..\run\config.div
You could try re-installing the game. Zip or otherwise backup your saved games folder to another location first, just in case. Then un-install, re-boot, shut down all non essential programs (especially anti-virus), re-install the game, perhaps make sure you can start the game, re-boot, shut down all non essential programs, install the patch, re-boot, shut down all non essential programs, start the game. This procedure is a bit over-cautious, but the best way to avoid install problems.
Troubleshooting and Manual Install ProcedureSomeone else fixed a problem of not being able to leave Verdistis by replacing a couple files in the saved game folder (world.x1 and something else, IIRC) with those from a previous save. Depending on what point you are in the game for the different saves, this could cause other problems (and you would need to pick up any items you left on the ground in Verdistis or the council hall before doing so). If you want to try this when you get Divinity going, I'll confirm which files were replaced.