It doesn't crash for me either. It's possible that the crash is dependent on your settings, and it's possible that the crash is dependent on something strange in your LDraw directory. I'd be happy to investigate further if you do the following:
- Export the HKEY_CURRENT_USER\Software\Travis Cobbs\LDView registry key and post the registry file to your Dropbox
- Zip up your LDraw directory and do the same
- e-mail the Dropbox links to the LDView email address