This is not normal behavior. I wonder the by any chance do you have a Cyrillic text in the folders names? How about the HDD space?
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The version is CS5.0.3. I think its the Matrox drivers causing all these problems. Coz the RT X2 I had recently ceased the DVI preview and had to RMA it for a replacement. I have actually deleted the drivers and restarted installing them all over again, and it appears to be working, but some other projects it can cause the Premiere to crush, even After Effects and Photoshop if opened at the same time when dealing with dynamic linked compositions AE can just crash while I am working in premiere taking photoshop with it, then it will bring a dialogue box which say system tray or something. When I unistalled the drivers the problem disappeared.
So why do I have to use the Matrox RT X2?
Answer: When my RT X2 was away I used the secondary monitor hooked onto my GPU. When previewing fast action footage or that from a panning camera, it was really awful it looked like 3D without glasses. Thats why I think I need to use my RT X2 at the moment. What is the best card for Colour Grading and previews, so I can really see all the out of focus shots and the likes?