Still no luck.
It doesn't appear to be a graphics card (driver) issue. I swapped out my Radeon 9800 for a Geforce 4 and got exactly the same crash.
I also tried playing on a different machine (Win2k SP4, DX9c, Intel) and it worked... although I can't play it because that's my work machine
So, the only significant differences I can think of are Intel P4 vs my AMD 64 and sound card differences.