Hmmm...I'm getting the same problem. Trying the Ultimate Demo version. It crashes when I hit new project. So, I haven't been able to even get started! I'm running windows 7 in parallels on a mac pro.
Not that I can think of. Just basic stuff like itunes updates. I have an ext. harddrive but thats always plugged in. I left my comp turned off all night and opened it up today and managed to get the programme running when i hit new but when i import my footage, the same thing happens.
Thanks for the update. Is it only when you create a new project that this happens, or do you have trouble if you open an existing project?