I can't say for definite whether the issue occurs on a completely vanilla install, i.e. just the files on the DVD.
However, the issue does occur on a vanilla install with nothing but the Windows Updates.
Basically there is nothing that I haven't tried, I'm kind of sick of writing this stuff down but continue to do so in the hope of finding a fix.
I have done the following things:
Disabled every non-Microsoft entry using ShellExView.
Uninstalled anything that I thought might cause Explorer issues, for example, CCleaner, Java, Firefox, Win7Codecs, Microsoft Security Essentials, 7-Zip, WinRAR, Spybot - Search & Destroy, Spyware Blaster, Malwarebytes', the list goes on.
Cleaned my registry.
Tried various Firefox beta builds.
Uninstalled my Creative X-Fi.
Updated my BIOS.
Installed the latest drivers
for ALL my hardware.
Used the default drivers for ALL my hardware.
Re-downloaded my Windows 7 ISO from Technet.
Burnt ISO to DVD (twice with different ISO).
Copied ISO to USB (again, twice with different ISO.
As above, four clean installs.
Reported the issue to Microsoft.
Posted the issue here and on NeoWin.
Submitted various dumps here. All point to Heap Corruption.
Tried various debugging methods, nothing solid.
...and a whole lot more I can't think of just now.
My hardware is all pretty standard stuff (see specs.), now the Creative card is gone there is nothing Windows 7 cannot find a driver
for on installation, and with the exception of my ATi card, EVERYTHING is onboard, and either Intel or Realtek.
Those error reports look mighty familiar BashirSabeel!