Flash updated itself over the weekend and now I can no longer trace larger bitmap images. It does fine with smaller images, but as soon as I try anything large (800x800px) it crashes everytime. I thought it may be my computer, so I tried it on a friend's and the same thing happened. Any suggestions would be appreciated. Also, I was able to do this no problem before the update. Thanks.
since it looks like a bug in an update, try doing a system restore into not-updated version and won't allow it to update itself again