After re-installing, does it have the 2 required dlls in your Common/Cry of Fear/ folder?As stated in the filesystem error, it requiresFileSystem_Steam.dllFileSystem_Stdio.dllIf its missing, let us know. If not, I have no other solutions.
It supposed to be included with the installation, though its strange that it didn't have one for you.You're in luck mate, I uploaded the files for you.https://www.mediafire.com/?4pplfik63jpwswf Copy the files into your Common/Cry of Fear folder.
So hw.dll is also missing in your folder? OK, that's 3 files missing. Here you go. This should work now.https://www.mediafire.com/?9l4ved1r97h6cxqPaste it into your Common/Cry of Fear folder.
Have you tried verifying the integrity of your steam cache for the game after downloading? Some times that helps procuring/fixing files that are downloaded wrong even from a second download