I've had a new key cut and reprogrammed at mister minute, worked no worries, they had to choose a key number out of 5 or something and took a guess and it worked. I've never experienced it but my understanding is if the immobiliser isn't deactivated the car will actually start and run for a couple of seconds then die. Not sure if yours is actually starting when you say 'cranking'. Also, the VY has the padlock symbol flashing on the dash and goes out when immobiliser deactivated, not sure if same on VX but perhaps you have another problem?