My Winamp3 doesn't work!

[yourtallness]

Help! I downloaded WA3 yesterday, installed it, but I can't
use it properly. Whenever I start WA3, a message reading
"Illegal Operation" concerning the Studio.exe file appears
("studio.exe has caused an invalid page fault to kernel32.dll")
When I close the dialog box, WinAmp shuts down...
It is driving me nuts! Is there anything I can do about it?
For the moment I'm forced to stick with my trusty WA 2.80.

Desperately awaiting help!

PS: Can I use DFX for WA 2.x with WA3? I already have the plug-in
manager.