The main menu screen actually says 1.0.5.0
I have just redownloaded the KSP zip file the new file has a different MD5 sum than the one I installed from.
I will try the new file and report back
=== EDIT ===
It still claims to be 1.0.5.0 but after downloading a new .zip file from kerbalspaceprogram.com it now lauches without any problems including realism overhaul