I am not familiar with terminal, but have an old lombard G3 so want the more efficient terminal folding program, not the graphics or screensaver one.
Anyway, heres what the terminal says, and once you can tell me what I need to fix, delete this post so it doesnt take up too much room! 
[09:06:09] Configuring Folding@home...
User name [Anonymous]? Ozi
Team Number [0]? 3446
Ask before fetching/sending work (no/yes) [no]? no
Use proxy (yes/no) [no]? no
Change advanced options (yes/no) [no]? no
[09:06:34] - Ask before connecting: No
[09:06:34] - User name: Ozi (Team 3446)
[09:06:34] - User ID not found locally
[09:06:34] + Requesting User ID from server
[09:06:34] - Machine ID: 1
[09:06:34]
[09:06:34] Work directory not found. Creating...
[09:06:34] Could not open work queue, generating new queue...
[09:06:34] + Benchmarking ...
[09:06:38] - Preparing to get new work unit...
[09:06:38] + Attempting to get work packet
[09:06:38] - Connecting to assignment server
[09:06:39] - Successful: assigned to (171.64.122.108).
[09:06:39] + News From Folding@Home: Welcome to Folding@Home
[09:06:39] Loaded queue successfully.
[09:06:40] - Deadline time not received.
[09:06:40] + Closed connections
[09:06:40]
[09:06:40] + Processing work unit
[09:06:40] Core required: FahCore_65.exe
[09:06:40] Core not found.
[09:06:40] - Core is not present or corrupted.
[09:06:40] - Attempting to download new core...
[09:06:40] + Downloading new core: FahCore_65.exe
[09:06:41] + 10240 bytes downloaded
[09:06:42] + 20480 bytes downloaded
[09:06:42] + 30720 bytes downloaded
[09:06:42] + 40960 bytes downloaded
[09:06:42] + 51200 bytes downloaded
[09:06:42] + 61440 bytes downloaded
[09:06:42] + 71680 bytes downloaded
[09:06:42] + 81920 bytes downloaded
[09:06:42] + 92160 bytes downloaded
[09:06:42] + 102400 bytes downloaded
[09:06:42] + 112640 bytes downloaded
[09:06:42] + 122880 bytes downloaded
[09:06:42] + 133120 bytes downloaded
[09:06:42] + 143360 bytes downloaded
[09:06:43] + 153600 bytes downloaded
[09:06:43] + 163840 bytes downloaded
[09:06:43] + 174080 bytes downloaded
[09:06:43] + 184320 bytes downloaded
[09:06:43] + 194560 bytes downloaded
[09:06:43] + 204800 bytes downloaded
[09:06:43] + 215040 bytes downloaded
[09:06:43] + 225280 bytes downloaded
[09:06:43] + 235520 bytes downloaded
[09:06:43] + 245760 bytes downloaded
[09:06:43] + 256000 bytes downloaded
[09:06:43] + 266240 bytes downloaded
[09:06:43] + 276480 bytes downloaded
[09:06:43] + 286720 bytes downloaded
[09:06:43] + 291957 bytes downloaded
[09:06:43] Verifying core Core_65.fah...
[09:06:43] Signature is VALID
[09:06:43]
[09:06:43] Trying to unzip core FahCore_65.exe
[09:06:44] Decompressed FahCore_65.exe (644424 bytes) successfully
[09:06:44] + Core successfully engaged
[09:06:49]
[09:06:49] + Processing work unit
[09:06:49] Core required: FahCore_65.exe
[09:06:49] Core found.
[09:06:49] Working on Unit 01 [April 19 09:06:49]
[09:06:49] + Working ...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:06:49] Folding@Home Client Core Version 2.47 (June 14, 2002)
[09:06:49]
[09:06:49] Proj: work/wudata_01
[09:06:49] Done: 17790 -> 129957 (decompressed 730.5 percent)
[09:06:50] Error: Work unit read from disk is invalid
[09:06:50]
[09:06:50] Folding@Home2 Core Shutdown: CORE_OUTDATED
[09:06:50] CoreStatus = 6E (110)
[09:06:50] + Core out of date. Auto updating...
[09:06:50] New core downloaded for this work unit, but still out of date.
[09:06:50] - Attempting to download new core...
[09:06:50] + Downloading new core: FahCore_65.exe
[09:06:51] + 10240 bytes downloaded
[09:06:51] + 20480 bytes downloaded
[09:06:51] + 30720 bytes downloaded
[09:06:51] + 40960 bytes downloaded
[09:06:51] + 51200 bytes downloaded
[09:06:51] + 61440 bytes downloaded
[09:06:51] + 71680 bytes downloaded
[09:06:51] + 81920 bytes downloaded
[09:06:51] + 92160 bytes downloaded
[09:06:51] + 102400 bytes downloaded
[09:06:52] + 112640 bytes downloaded
[09:06:52] + 122880 bytes downloaded
[09:06:52] + 133120 bytes downloaded
[09:06:52] + 143360 bytes downloaded
[09:06:52] + 153600 bytes downloaded
[09:06:52] + 163840 bytes downloaded
[09:06:52] + 174080 bytes downloaded
[09:06:52] + 184320 bytes downloaded
[09:06:52] + 194560 bytes downloaded
[09:06:52] + 204800 bytes downloaded
[09:06:52] + 215040 bytes downloaded
[09:06:52] + 225280 bytes downloaded
[09:06:52] + 235520 bytes downloaded
[09:06:52] + 245760 bytes downloaded
[09:06:52] + 256000 bytes downloaded
[09:06:52] + 266240 bytes downloaded
[09:06:52] + 276480 bytes downloaded
[09:06:52] + 286720 bytes downloaded
[09:06:52] + 291957 bytes downloaded
[09:06:52] Verifying core Core_65.fah...
[09:06:52] Signature is VALID
[09:06:52]
[09:06:52] Trying to unzip core FahCore_65.exe
[09:06:53] Decompressed FahCore_65.exe (644424 bytes) successfully
[09:06:53] + Core successfully engaged
[09:06:53] Deleting current work unit & continuing...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:06:53] - Preparing to get new work unit...
[09:06:53] + Attempting to get work packet
[09:06:53] - Connecting to assignment server
[09:06:54] - Successful: assigned to (171.64.122.108).
[09:06:54] + News From Folding@Home: Welcome to Folding@Home
[09:06:54] Loaded queue successfully.
[09:06:54] - Deadline time not received.
[09:06:55] + Closed connections
[09:07:00]
[09:07:00] + Processing work unit
[09:07:00] Core required: FahCore_65.exe
[09:07:00] Core found.
[09:07:00] Working on Unit 02 [April 19 09:07:00]
[09:07:00] + Working ...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:07:00] Folding@Home Client Core Version 2.47 (June 14, 2002)
[09:07:00]
[09:07:00] Proj: work/wudata_02
[09:07:00] Done: 17780 -> 129957 (decompressed 730.9 percent)
[09:07:00] Error: Work unit read from disk is invalid
[09:07:00]
[09:07:00] Folding@Home2 Core Shutdown: CORE_OUTDATED
[09:07:00] CoreStatus = 6E (110)
[09:07:00] + Core out of date. Auto updating...
[09:07:00] - Attempting to download new core...
[09:07:00] + Downloading new core: FahCore_65.exe
[09:07:07] + 10240 bytes downloaded
[09:07:07] + 20480 bytes downloaded
[09:07:07] + 30720 bytes downloaded
[09:07:07] + 40960 bytes downloaded
[09:07:12] + 51200 bytes downloaded
[09:07:13] + 61440 bytes downloaded
[09:07:13] + 71680 bytes downloaded
[09:07:14] + 81920 bytes downloaded
[09:07:14] + 92160 bytes downloaded
[09:07:14] + 102400 bytes downloaded
[09:07:14] + 112640 bytes downloaded
[09:07:14] + 122880 bytes downloaded
[09:07:14] + 133120 bytes downloaded
[09:07:14] + 143360 bytes downloaded
[09:07:14] + 153600 bytes downloaded
[09:07:14] + 163840 bytes downloaded
[09:07:14] + 174080 bytes downloaded
[09:07:14] + 184320 bytes downloaded
[09:07:14] + 194560 bytes downloaded
[09:07:15] + 204800 bytes downloaded
[09:07:15] + 215040 bytes downloaded
[09:07:15] + 225280 bytes downloaded
[09:07:15] + 235520 bytes downloaded
[09:07:15] + 245760 bytes downloaded
[09:07:15] + 256000 bytes downloaded
[09:07:15] + 266240 bytes downloaded
[09:07:15] + 276480 bytes downloaded
[09:07:15] + 286720 bytes downloaded
[09:07:15] + 291957 bytes downloaded
[09:07:15] Verifying core Core_65.fah...
[09:07:15] Signature is VALID
[09:07:15]
[09:07:15] Trying to unzip core FahCore_65.exe
[09:07:15] Decompressed FahCore_65.exe (644424 bytes) successfully
[09:07:15] + Core successfully engaged
[09:07:21]
[09:07:21] + Processing work unit
[09:07:21] Core required: FahCore_65.exe
[09:07:21] Core found.
[09:07:21] Working on Unit 02 [April 19 09:07:21]
[09:07:21] + Working ...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:07:21] Folding@Home Client Core Version 2.47 (June 14, 2002)
[09:07:21]
[09:07:21] Proj: work/wudata_02
[09:07:21] Done: 17780 -> 129957 (decompressed 730.9 percent)
[09:07:21] Error: Work unit read from disk is invalid
[09:07:21]
[09:07:21] Folding@Home2 Core Shutdown: CORE_OUTDATED
[09:07:21] CoreStatus = 6E (110)
[09:07:21] + Core out of date. Auto updating...
[09:07:21] New core downloaded for this work unit, but still out of date.
(it then repeats this 2 more times...)
Folding@home will go to sleep for 1 day as there have been 5 consecutive Cores executed which failed to complete a work unit.
[09:07:43] (To wake it up early, quit the application and restart it.)
[09:07:43] If problems persist, please visit our website at http://folding.stanford.edu for help.
[09:07:43] + Sleeping...
[09:06:09] Configuring Folding@home...
User name [Anonymous]? Ozi
Team Number [0]? 3446
Ask before fetching/sending work (no/yes) [no]? no
Use proxy (yes/no) [no]? no
Change advanced options (yes/no) [no]? no
[09:06:34] - Ask before connecting: No
[09:06:34] - User name: Ozi (Team 3446)
[09:06:34] - User ID not found locally
[09:06:34] + Requesting User ID from server
[09:06:34] - Machine ID: 1
[09:06:34]
[09:06:34] Work directory not found. Creating...
[09:06:34] Could not open work queue, generating new queue...
[09:06:34] + Benchmarking ...
[09:06:38] - Preparing to get new work unit...
[09:06:38] + Attempting to get work packet
[09:06:38] - Connecting to assignment server
[09:06:39] - Successful: assigned to (171.64.122.108).
[09:06:39] + News From Folding@Home: Welcome to Folding@Home
[09:06:39] Loaded queue successfully.
[09:06:40] - Deadline time not received.
[09:06:40] + Closed connections
[09:06:40]
[09:06:40] + Processing work unit
[09:06:40] Core required: FahCore_65.exe
[09:06:40] Core not found.
[09:06:40] - Core is not present or corrupted.
[09:06:40] - Attempting to download new core...
[09:06:40] + Downloading new core: FahCore_65.exe
[09:06:41] + 10240 bytes downloaded
[09:06:42] + 20480 bytes downloaded
[09:06:42] + 30720 bytes downloaded
[09:06:42] + 40960 bytes downloaded
[09:06:42] + 51200 bytes downloaded
[09:06:42] + 61440 bytes downloaded
[09:06:42] + 71680 bytes downloaded
[09:06:42] + 81920 bytes downloaded
[09:06:42] + 92160 bytes downloaded
[09:06:42] + 102400 bytes downloaded
[09:06:42] + 112640 bytes downloaded
[09:06:42] + 122880 bytes downloaded
[09:06:42] + 133120 bytes downloaded
[09:06:42] + 143360 bytes downloaded
[09:06:43] + 153600 bytes downloaded
[09:06:43] + 163840 bytes downloaded
[09:06:43] + 174080 bytes downloaded
[09:06:43] + 184320 bytes downloaded
[09:06:43] + 194560 bytes downloaded
[09:06:43] + 204800 bytes downloaded
[09:06:43] + 215040 bytes downloaded
[09:06:43] + 225280 bytes downloaded
[09:06:43] + 235520 bytes downloaded
[09:06:43] + 245760 bytes downloaded
[09:06:43] + 256000 bytes downloaded
[09:06:43] + 266240 bytes downloaded
[09:06:43] + 276480 bytes downloaded
[09:06:43] + 286720 bytes downloaded
[09:06:43] + 291957 bytes downloaded
[09:06:43] Verifying core Core_65.fah...
[09:06:43] Signature is VALID
[09:06:43]
[09:06:43] Trying to unzip core FahCore_65.exe
[09:06:44] Decompressed FahCore_65.exe (644424 bytes) successfully
[09:06:44] + Core successfully engaged
[09:06:49]
[09:06:49] + Processing work unit
[09:06:49] Core required: FahCore_65.exe
[09:06:49] Core found.
[09:06:49] Working on Unit 01 [April 19 09:06:49]
[09:06:49] + Working ...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:06:49] Folding@Home Client Core Version 2.47 (June 14, 2002)
[09:06:49]
[09:06:49] Proj: work/wudata_01
[09:06:49] Done: 17790 -> 129957 (decompressed 730.5 percent)
[09:06:50] Error: Work unit read from disk is invalid
[09:06:50]
[09:06:50] Folding@Home2 Core Shutdown: CORE_OUTDATED
[09:06:50] CoreStatus = 6E (110)
[09:06:50] + Core out of date. Auto updating...
[09:06:50] New core downloaded for this work unit, but still out of date.
[09:06:50] - Attempting to download new core...
[09:06:50] + Downloading new core: FahCore_65.exe
[09:06:51] + 10240 bytes downloaded
[09:06:51] + 20480 bytes downloaded
[09:06:51] + 30720 bytes downloaded
[09:06:51] + 40960 bytes downloaded
[09:06:51] + 51200 bytes downloaded
[09:06:51] + 61440 bytes downloaded
[09:06:51] + 71680 bytes downloaded
[09:06:51] + 81920 bytes downloaded
[09:06:51] + 92160 bytes downloaded
[09:06:51] + 102400 bytes downloaded
[09:06:52] + 112640 bytes downloaded
[09:06:52] + 122880 bytes downloaded
[09:06:52] + 133120 bytes downloaded
[09:06:52] + 143360 bytes downloaded
[09:06:52] + 153600 bytes downloaded
[09:06:52] + 163840 bytes downloaded
[09:06:52] + 174080 bytes downloaded
[09:06:52] + 184320 bytes downloaded
[09:06:52] + 194560 bytes downloaded
[09:06:52] + 204800 bytes downloaded
[09:06:52] + 215040 bytes downloaded
[09:06:52] + 225280 bytes downloaded
[09:06:52] + 235520 bytes downloaded
[09:06:52] + 245760 bytes downloaded
[09:06:52] + 256000 bytes downloaded
[09:06:52] + 266240 bytes downloaded
[09:06:52] + 276480 bytes downloaded
[09:06:52] + 286720 bytes downloaded
[09:06:52] + 291957 bytes downloaded
[09:06:52] Verifying core Core_65.fah...
[09:06:52] Signature is VALID
[09:06:52]
[09:06:52] Trying to unzip core FahCore_65.exe
[09:06:53] Decompressed FahCore_65.exe (644424 bytes) successfully
[09:06:53] + Core successfully engaged
[09:06:53] Deleting current work unit & continuing...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:06:53] - Preparing to get new work unit...
[09:06:53] + Attempting to get work packet
[09:06:53] - Connecting to assignment server
[09:06:54] - Successful: assigned to (171.64.122.108).
[09:06:54] + News From Folding@Home: Welcome to Folding@Home
[09:06:54] Loaded queue successfully.
[09:06:54] - Deadline time not received.
[09:06:55] + Closed connections
[09:07:00]
[09:07:00] + Processing work unit
[09:07:00] Core required: FahCore_65.exe
[09:07:00] Core found.
[09:07:00] Working on Unit 02 [April 19 09:07:00]
[09:07:00] + Working ...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:07:00] Folding@Home Client Core Version 2.47 (June 14, 2002)
[09:07:00]
[09:07:00] Proj: work/wudata_02
[09:07:00] Done: 17780 -> 129957 (decompressed 730.9 percent)
[09:07:00] Error: Work unit read from disk is invalid
[09:07:00]
[09:07:00] Folding@Home2 Core Shutdown: CORE_OUTDATED
[09:07:00] CoreStatus = 6E (110)
[09:07:00] + Core out of date. Auto updating...
[09:07:00] - Attempting to download new core...
[09:07:00] + Downloading new core: FahCore_65.exe
[09:07:07] + 10240 bytes downloaded
[09:07:07] + 20480 bytes downloaded
[09:07:07] + 30720 bytes downloaded
[09:07:07] + 40960 bytes downloaded
[09:07:12] + 51200 bytes downloaded
[09:07:13] + 61440 bytes downloaded
[09:07:13] + 71680 bytes downloaded
[09:07:14] + 81920 bytes downloaded
[09:07:14] + 92160 bytes downloaded
[09:07:14] + 102400 bytes downloaded
[09:07:14] + 112640 bytes downloaded
[09:07:14] + 122880 bytes downloaded
[09:07:14] + 133120 bytes downloaded
[09:07:14] + 143360 bytes downloaded
[09:07:14] + 153600 bytes downloaded
[09:07:14] + 163840 bytes downloaded
[09:07:14] + 174080 bytes downloaded
[09:07:14] + 184320 bytes downloaded
[09:07:14] + 194560 bytes downloaded
[09:07:15] + 204800 bytes downloaded
[09:07:15] + 215040 bytes downloaded
[09:07:15] + 225280 bytes downloaded
[09:07:15] + 235520 bytes downloaded
[09:07:15] + 245760 bytes downloaded
[09:07:15] + 256000 bytes downloaded
[09:07:15] + 266240 bytes downloaded
[09:07:15] + 276480 bytes downloaded
[09:07:15] + 286720 bytes downloaded
[09:07:15] + 291957 bytes downloaded
[09:07:15] Verifying core Core_65.fah...
[09:07:15] Signature is VALID
[09:07:15]
[09:07:15] Trying to unzip core FahCore_65.exe
[09:07:15] Decompressed FahCore_65.exe (644424 bytes) successfully
[09:07:15] + Core successfully engaged
[09:07:21]
[09:07:21] + Processing work unit
[09:07:21] Core required: FahCore_65.exe
[09:07:21] Core found.
[09:07:21] Working on Unit 02 [April 19 09:07:21]
[09:07:21] + Working ...
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
Warning: Ignoring unknown arg
[09:07:21] Folding@Home Client Core Version 2.47 (June 14, 2002)
[09:07:21]
[09:07:21] Proj: work/wudata_02
[09:07:21] Done: 17780 -> 129957 (decompressed 730.9 percent)
[09:07:21] Error: Work unit read from disk is invalid
[09:07:21]
[09:07:21] Folding@Home2 Core Shutdown: CORE_OUTDATED
[09:07:21] CoreStatus = 6E (110)
[09:07:21] + Core out of date. Auto updating...
[09:07:21] New core downloaded for this work unit, but still out of date.
(it then repeats this 2 more times...)
Folding@home will go to sleep for 1 day as there have been 5 consecutive Cores executed which failed to complete a work unit.
[09:07:43] (To wake it up early, quit the application and restart it.)
[09:07:43] If problems persist, please visit our website at http://folding.stanford.edu for help.
[09:07:43] + Sleeping...