There might be useful tips in this ARTICLE. It starts with setting up one's computer for PrE to work best, then goes into OS and system tune-up tips, and finally a list of links on troubleshooting.
Thanks Bill and John:
Before I go down the long road determining if my computer is up to the task of running this Adobe product, would it not seem logical that there is something more likely that is preventing me from browing for a folder before even loading any video or actually using the product. While the "run as admin" did not work, could there be something else along a similar line. Also - is this a rare issue - seems to be based on the forum Q&A...
I am having the same issue across 5 different users. What I have found that all of the users have in common is that they also have Creative Suite 5.5 installed on the machine. So I built a new machine, installed Premiere Elements 10 and it runs fine. As soon as I install Creative Suite 5.5, it starts breaking. This happens regardless of which is installed first.
Windows 7 64-bit
W3520 @ 2.67Ghz
Nvidia Quaddro 4000
And it is Design Premium that is breaking Premiere Elements. I've tried with and without admin permissions and it stills crashes.
Faulting application name: Adobe Premiere Elements.exe, version: 10.0.0.0, time stamp: 0x4e791009
Faulting module name: dvacore.dll, version: 220.127.116.11, time stamp: 0x4e78f08f
Exception code: 0xc0000005
Fault offset: 0x000000000000154e
Faulting process id: 0xfd8
Faulting application start time: 0x01cd320fcf560a5b
Faulting application path: C:\Program Files\Adobe\Adobe Premiere Elements 10\Adobe Premiere Elements.exe
Faulting module path: C:\Program Files\Adobe\Adobe Premiere Elements 10\dvacore.dll
Report Id: 1de76f57-9e03-11e1-ba68-e8393551c8be