New User account problems

Hi - I was reading an article which suggested setting up a 2nd user account in case of problems. I did this and gave it Admin status. I have not used the account but went in to it and tried to run "Cocktail". App tries to open and quits. I then clicked on 'Cocktail extras' (it's a demo) and it said I did not have sufficient priveleges. Both work fine on my 'normal' account.
I did run repair permissions just for the heck of it.... no help.

?????? (I'm a newbie and recent switcher)

Thanks!