

mine does exactly the same as JackDinn describes
the service is actually running but tray icon says differently
minor pita but nicer if it did what it was supposed to do
simply restarting the service makes the red cross go away
i have also noticed some other erratic issues with other tray icons as well
possibly it's general issue with windows 7 as it never did such things with vista
addendum
booted the pc tonight
audio service had the red cross
clicked on it
volume slider opened
adjusted volume
red cross went away
go figure
Same here.
Just tried adjusting the audio as suggested and the red cross disappeared.
What gives?
No ideas here either, I simply pressed the mute button on my keyboard a couple of times and the cross disappeared as well. Gotta love the bugs
Oh well, a bug like this is easy to work with and I'm sure they'll fix it eventually.