I've just recently downloaded and installed DCS World 1.2.3.10201, and I'm able to get into the main menu. But after clicking either a mission in Instant Action or clicking "Fly" in Fast Mission, I get a loading screen, a crash to desktop with a "DCS World has stopped working" window, a re-load of the loading screen, and then one more "DCS World has stopped working" window, after which the sim crashes completely.
I have installed DCS World into the same folder in which I have Steam/ Black Shark 1.0, but it is not the "C" drive. I did select to have DirectX 10 and the C++ 2010 Redistributable packages installed as well, to no avail. Also, after repeated uninstalls, I tried installing DCS World into the "C" drive, again resulting in the same crashes.
I am running Windows 7 32-bit.
Logs are attached. DCS_and_crash_logs.zip