Here's a saved game which forever hangs on 'creating world'.  Yes I did completely exit elemental and then restarted yet no luck.  I waited over 3hours and the game never loaded.  There's no memory dump.

Here's the save game file:

http://dl.dropbox.com/u/9396252/Bad_SavedGames/August_New.EleSav

DebugMessage:  *********DXDiag info follows.*********
System Info
Time: 8/2/2010, 17:46:00
DirectX Version: DirectX 9.0c (4.09.0000.0904)
Machine Name: ALAN
Operating System: Windows XP Professional x64 Edition (5.2, Build 3790) Service Pack 2 (3790.srv03_sp2_gdr.100216-1301)
Languages: English (Regional Setting: English)
System Manufacturer: Gigabyte Technology Co., Ltd.
System Model: GA-MA74GM-S2
BIOS: Default System BIOS
Processor: AMD Athlon(tm) 64 X2 Dual Core Processor 4200+ (2 CPUs), ~2.2GHz
Physical Memory: 4094MB RAM
Page File: 971MB used, 4920MB available
Windows Dir: E:\WINDOWS

Display Info
Display device 1:
Device Name: \\.\DISPLAY1
Card Name: NVIDIA GeForce 7600 GS
Manufacturer: NVIDIA
Chip Type: GeForce 7600 GS
DAC Type: Integrated RAMDAC
Key Device: Enum\PCI\VEN_10DE&DEV_0392&SUBSYS_00000000&REV_A1
Display Memory: 512.0 MB
Current Display Mode: 1920 x 1080 (32 bit) (60Hz)
Monitor Name: Dell S2209W(Digital)
Monitor Max Resolution: 1920,1080
Driver Name: nv4_disp.dll
Driver Version: 6.14.0011.9621
Driver Date: 1/11/2010 22:03:33
DirectX Acceleration Enabled: Yes
 

Sound info
Sound device 1:
Description: Realtek HD Audio output
Default Sound Playback: Yes
Default Voice Playback: Yes
Hardware ID: HDAUDIO\FUNC_01&VEN_10EC&DEV_0888&SUBSYS_1458A002&REV_1000
Manufacturer ID: 1
Product ID: 100
Driver Name: RTKHDA64.SYS
Provider: Realtek Semiconductor Corp.
Driver Version: 5.10.0000.5532
Driver Date: 12/20/2007 03:59:58
Type: WDM
Other Drivers:
Acceleration Level: 3
Cap Flags: 0
Min/Max Sample Rate: 0, 0