-e: see title, works fine with 5.4.0b21 and with -force-opengl

-repro:
--open attached project or just create a new empty one
--build for linux (make sure to have the quality selector enabled)
--run and choose "good" quality level
--notice all is well (see MWU splash logo plus empty scene)
--run and choose "beautiful" or "fantastic" quality level
--NOTICE MWU logo is just a pink blob on the splash and the empty scene is just pink

-tested on mxbookpro mid-2012, intel hd 4000
-Renderer: Mesa DRI Intel(R) Ivybridge Mobile
-Vendor: Intel Open Source Technology Center
-Version: 3.3 (Core Profile) Mesa 11.0.4

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