WL Movie Maker crashes when launched

Windows 7 SP1 64-bit.

I try to launch Windows Live Movie Maker and I get this error message:

Windows Essentials has stopped working

Problem Event Name: BEX
Application Name: wlstartup.exe
Application Version: 16.4.3508.205
Application Timestamp: 5111f984
Fault Module Name: StackHash_0a9e
Fault Module Version: 0.0.0.0
Fault Module Timestamp: 00000000
Exception Offset: 02f65878
Exception Code: c0000005
Exception Data: 00000008
OS Version: 6.1.7601.2.1.0.768.3
Locale ID: 1033
Additional Information 1: 0a9e
Additional Information 2: 0a9e372d3b4ad19135b953a78882e789
Additional Information 3: 0a9e
Additional Information 4: 0a9e372d3b4ad19135b953a78882e789

followed by:

Movie Maker has stopped working

Problem Event Name: BEX
Application Name: MovieMaker.exe
Application Version: 16.4.3508.205
Application Timestamp: 5111fa77
Fault Module Name: StackHash_0a9e
Fault Module Version: 0.0.0.0
Fault Module Timestamp: 00000000
Exception Offset: 02b21e7c
Exception Code: c0000005
Exception Data: 00000008
OS Version: 6.1.7601.2.1.0.768.3
Locale ID: 1033
Additional Information 1: 0a9e
Additional Information 2: 0a9e372d3b4ad19135b953a78882e789
Additional Information 3: 0a9e
Additional Information 4: 0a9e372d3b4ad19135b953a78882e789

I've tried a countless clean reinstalls (using wlarp.exe and wlsetup-all.exe)
Any helpful input is appreciated. =]