I'd like to mention something which might shed some light on this problem:
I installed everything and launched the game -- worked okay. Logged out and set resolution up to 1920x1200; game crashes immediately after logging in.
So I uninstalled and deleted everything, and reinstalled again; this time, I set the resolution up to 1920x1200 BEFORE launching the game (in both the Net7config and the EBConfig utilities) for the first time, also set filtering to aniso; it worked just fine!
However, the next time I launched the game, it crashed on logging in... but setting compatibility to Win XP SP 3 made it work, or it appears to.
I'm running Win 7 x64 on an i7 920, 12 GB RAM, Geforce 280, Auzentech Prelude sound card.
Note I have NOT reproduced this "works on first launch" phenomenon, and I'll report if the reliability under XPSP3 compat degrades over time.