I had to uninstall and old version of Power DVD, once I did that I am no longer crashing after hitting Play.

The best way to go about troubleshooting this issue is to open your Event Viewer and filter your Application log by Source Application Error and Event ID 1000

Most of my errors looked like this:

Faulting application name: FalloutNV.exe, version: 1.1.0.268, time stamp: 0x4cbd4fc7
Faulting module name: ntdll.dll, version: 6.1.7600.16559, time stamp: 0x4ba9b29c
Exception code: 0xc0000005
Fault offset: 0x00033072
Faulting process id: 0xfa4
Faulting application start time: 0x01cb713f8f15da69
Faulting application path: d:\program files (x86)\steam\steamapps\common\fallout new vegas\FalloutNV.exe
Faulting module path: C:\Windows\SysWOW64\ntdll.dll
Report Id: d1785493-dd32-11df-a927-6cf0495db9ad

But one was different..

Faulting application name: FalloutNV.exe, version: 1.1.0.268, time stamp: 0x4cbd4fc7
Faulting module name: claud.ax, version: 5.0.0.1029, time stamp: 0x3f9f96fb
Exception code: 0xc0000005
Fault offset: 0x0002dee4
Faulting process id: 0xe7c
Faulting application start time: 0x01cb713d82ae5d25
Faulting application path: d:\program files (x86)\steam\steamapps\common\fallout new vegas\FalloutNV.exe
Faulting module path: C:\Program Files (x86)\CyberLink\Shared Files\AudioFilter\claud.ax
Report Id: c4f1974d-dd30-11df-a927-6cf0495db9ad

CyberLink is associated with Power DVD so I obviously uninstalled that and I am good to go now.

So in short your best bet is to check out event viewer, if there is nothing obvious there then start uninstalling suspect apps/codecs one by one. if it doesn't fix your issue then you can reinstall the app.

Upon further examination when I go back in my eventviewer I can see that this caused problems with other applications so make sure you do a detailed examination of your Event ID 1000 Application Error logs.

Faulting application name: Fallout3.exe, version: 1.7.0.3, time stamp: 0x4a40f18b
Faulting module name: claud.ax, version: 5.0.0.1029, time stamp: 0x3f9f96fb
Exception code: 0xc0000005
Fault offset: 0x0002e004
Faulting process id: 0x46c
Faulting application start time: 0x01cae8216580c800
Faulting application path: D:\Program Files (x86)\Bethesda Softworks\Fallout 3\Fallout3.exe
Faulting module path: C:\Program Files (x86)\CyberLink\Shared Files\AudioFilter\claud.ax
Report Id: a728eaf5-5414-11df-9fc4-6cf0495db9ad

Faulting application name: DivX Plus Player.exe, version: 10.2.1.13, time stamp: 0x4c6c84c0
Faulting module name: claud.ax, version: 5.0.0.1029, time stamp: 0x3f9f96fb
Exception code: 0xc0000005
Fault offset: 0x0002dee4
Faulting process id: 0x8fc
Faulting application start time: 0x01cb6502e6b38fc4
Faulting application path: C:\Program Files (x86)\DivX\DivX Plus Player\DivX Plus Player.exe
Faulting module path: C:\Program Files (x86)\CyberLink\Shared Files\AudioFilter\claud.ax
Report Id: 279c9c5a-d0f6-11df-b9a5-6cf0495db9ad

El Oh El.

If you just read the title of this post without reading the actual post, it sounds like you are being sarcastic. Saying that the latest patch fixed your FNV problems, because you can no longer play the game now, so you have no more game play problems... lol.

Hope this isn't spam.

I think I just lost a few IQ points...

Would be really funny if you actually knew my IQ.

el oh el.