Still crashing

even after installing *all available patches.
... Virgin install of WIN7 Pro - NO additional codes installed - Quicktime is installed - very little other software installed - I did download Windows Live Movie Maker, but never use it.
This was supposed to be my dedicated Video editing box
Problem signature:
Problem Event Name: APPCRASH
Application Name: vstudio.exe
Application Version: 13.0.0.0
Application Timestamp: 4bd90870
Fault Module Name: uvHTMPEG2.dll
Fault Module Version: 0.0.0.0
Fault Module Timestamp: 4bd90bad
Exception Code: c0000005
Exception Offset: 0003a715
OS Version: 6.1.7600.2.0.0.256.48
Locale ID: 4105
Additional Information 1: 0a9e
Additional Information 2: 0a9e372d3b4ad19135b953a78882e789
Additional Information 3: 0a9e
Additional Information 4: 0a9e372d3b4ad19135b953a78882e789