debug.err        http://pastebin.ca/1937653

save file at      http://dl.dropbox.com/u/8928343/QuickSaveNoLoad.EleSav

Regarding messages in the debug.err  like

"DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Items\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Race\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Stamps\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Tiles\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Tiles\Shadows\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\RaceTypes\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Effects\*.xml
DebugMessage:  No files found matching mask D:\My Documents\My Games\Elemental\Quests\*.xml"

Those folders exist and but are empty.

event-viewer says   "Event Type:    Error
Event Source:    Application Error
Event Category:    None
Event ID:    1000
Date:        09/10/10
Time:        19:24:28
User:        N/A
Computer:    SYS-3
Description:
Faulting application elemental.exe, version 1.0.7.0, faulting module elemental.exe, version 1.0.7.0, fault address 0x003cac85.

For more information, see Help and Support Center at http://go.microsoft.com/fwlink/events.asp.
Data:
0000: 41 70 70 6c 69 63 61 74   Applicat
0008: 69 6f 6e 20 46 61 69 6c   ion Fail
0010: 75 72 65 20 20 65 6c 65   ure  ele
0018: 6d 65 6e 74 61 6c 2e 65   mental.e
0020: 78 65 20 31 2e 30 2e 37   xe 1.0.7
0028: 2e 30 20 69 6e 20 65 6c   .0 in el
0030: 65 6d 65 6e 74 61 6c 2e   emental.
0038: 65 78 65 20 31 2e 30 2e   exe 1.0.
0040: 37 2e 30 20 61 74 20 6f   7.0 at o
0048: 66 66 73 65 74 20 30 30   ffset 00
0050: 33 63 61 63 38 35 0d 0a   3cac85.."