Elemental Forums
Saved Game, went to options, turned on "Smart played colors" tried to start a new game (sovereign had a blocked start and could do almost nowhere)
CTD.
CTD trying to start editing tactical battle map too
P.S.
no tactical battle enabled in game
Well, that's a bit disconcerting. Out of memory crash 5 turns in... 
Crash while opening spellbook, research screen, tactical map, you name it. I realize it's still beta, but I haven't been able to test any new features due to all the crashes.
Without any data provided and given that it's pretty solid in our internal beta, you really should look at posting some information. We can't help you without any data.
Performance degradation to the point of a complete freeze, similar to what I'd get with 3c when a unit auto-exploring ran out of tiles to path to. Thinking of just completely uninstalling and downloading again to be sure nothing is mismatched. Had the odd hiccup after my 5 turn memory crash of the game seemingly reverting back to 3c, (old sovereign popped up). Can't offer anything reliable at this point.
Not sure if I should make my own thread but here's my crash info. I'm getting beta 3C level performance as well.
Memory dump.
http://dl.dropbox.com/u/9569031/Elemental0_98-2010-07-29T14-33-14-951.zip
Debug.err, pastebin kept timing out when I tried to upload this. I hope using drop box is ok.
http://dl.dropbox.com/u/9569031/debug.err
DxDiag.
http://dl.dropbox.com/u/9569031/DxDiag.txt
Your debug.err would be a good start. That would help us at least see if it's a compatibility issue or something.
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CTDs usually create one.