Thanks guys, that did the trick for my PW2. Copied and linked old libpng12.so.0.39.0 for kterm and libjpeg.so.7.0.0 for gargoyle.
Code:
[root@kindle root]# ls -l /usr/lib/libpng12*
lrwxrwxrwx 1 root root 18 Oct 11 19:38 libpng12.so.0 -> libpng12.so.0.39.0
-rwxr-xr-x 1 root root 118812 Oct 11 19:36 libpng12.so.0.39.0
[root@kindle root]# ls -l /usr/lib/libjpeg.so.7*
lrwxrwxrwx 1 root root 16 Oct 11 19:38 libjpeg.so.7 -> libjpeg.so.7.0.0
-rwxr-xr-x 1 root root 171120 Oct 11 19:36 libjpeg.so.7.0.0