To Annatar11: I can't quite figure out how to get a picture on here (I can get a screen shot just fine, I just can't post it), but you are correct: the glitter effect are white pixels that appear and dissappear randomly around the edges of objects. The thing is that I'm running an NVIDIA card, not an ATI...
Would you guys recommend turning anti-aliasing off? I'm currently running at a resolution of 1440x900. Or is that a bad idea?
You can host them on http://www.imageshack.us, it's free. Just upload it there and it will give you links to the image, the only one you need is the "direct link to image" way at the bottom. But if it's the white pixels, you don't really need to post it, I know what it looks like.
Do you also have the latest Nvidia drivers installed? (The ATI thing was my attempt to go from memory, it's been probably half a year since the last thread on the white artifacts )
As for AA.. if you're fine with how the game looks with AA disabled, then by all means disable it. It's just a visual thing. I imagine if it gets rid of the white artifacts, it might be worth it.