I've seen a few others with this problem.

------ Initializing File System ------
Loaded pak000.sdpk2
Loaded pak001.sdpk2
Loaded pak002.sdpk2
Loaded pak003.sdpk2
Loaded pak004.sdpk2
Loaded pak005.sdpk2
Loaded pak006.sdpk2
Loaded pak007.sdpk2
Loaded zzzdlcenglish000.sdpk2
Loaded zzzenglish000.sdpk2
Loaded zzzenglish001.sdpk2
Loaded zzzenglish002.sdpk2
Loaded zzzenglish003.sdpk2
Loaded zzzenglish004.sdpk2
Loaded zzzenglish005.sdpk2
Loaded zzzenglish006.sdpk2
Current search path:
C:\Program Files (x86)\Steam\userdata\86124930\22350\local/base
C:\Users\Nick\AppData\Local\Splash Damage\Brink/base
c:\program files (x86)\steam\steamapps\common\brink/base
zzzenglish006.sdpk2
zzzenglish005.sdpk2
zzzenglish004.sdpk2
zzzenglish003.sdpk2
zzzenglish002.sdpk2
zzzenglish001.sdpk2
zzzenglish000.sdpk2
zzzdlcenglish000.sdpk2
pak007.sdpk2
pak006.sdpk2
pak005.sdpk2
pak004.sdpk2
pak003.sdpk2
pak002.sdpk2
pak001.sdpk2
pak000.sdpk2
file system initialized.
--------------------------------------
Loaded 3783 manifest elements in 11 ms - 192Kb
Discarded 0 manifest elements
Max filename length: 0 characters
Brink 1.0.23653.48097 win-x86 Jul 29 2011 11:29:57
couldn't exec 'brinkconfig.cfg'
couldn't exec 'autoexec.cfg'
Vendor: 1002 Device: 9498
2793 MHz AMD CPU with MMX & 3DNow! & SSE & SSE2 & SSE3 & HTT
4 logical cores
4 physical cores
HT enabled
4080 MB System Memory
1024 MB Video Memory
Initializing performance queries
Detected
4 2.79 GHz CPU
4080 MB of System memory
1024 MB of Video memory on an optimal video architecture

This system qualifies for High quality!
Vendor: 1002 Device: 9498
Winsock Initialized
Found interface: {3AA710AF-125D-4DAE-9E7A-C4BFE2819E05} Bluetooth Device (Personal Area Network) - 0.0.0.0 NULL ip - skipped
Found interface: {5BDA2C67-9853-421F-8524-95D8136E9295} 802.11n Wireless LAN Card - 192.168.1.3/255.255.255.0
Found interface: {C8B58F26-9821-4218-96E8-264E340F1213} Realtek PCIe GBE Family Controller - 0.0.0.0 NULL ip - skipped
Sys_InitNetworking: adding loopback interface
--- Loading sequence: init ---
sound index file 'generated/preload/sound/pc/english/init.soundpreload' is zero length
------- Initializing render context --------
Initializing OpenGL subsystem
...calling LoadLibrary( 'wtsapi32.dll' ): succeeded
...initializing Windows Terminal Server API
...registered window class
...registered fake window class
...calling LoadLibrary( 'opengl32' ): succeeded
...initializing QGL
GL_VENDOR: Microsoft Corporation
GL_RENDERER: GDI Generic
GL_VERSION: 1.1.0
********************
FATAL ERROR: The current video card / driver combination does not support OpenGL 3.1 or newer.
********************
The current video card / driver combination does not support OpenGL 3.1 or newer.
Shutting down OpenGL subsystem
...releasing DC
...resetting display
...shutting down QGL
...unloading OpenGL DLL
...unloading Windows Terminal Server API DLL

Basically all I want to know is if I can play or not. Not sure if I have the most up to date drivers for my card, but I'm not even sure if my card is good enough.

Details:Windows 7, AMD Athlon 2 x4 Processor~2.8ghz, DirectX11, 4gb ram, ATI Radeon HD4650

I'm not super awesome with computers, so any help/advice will be appreciated.