Well thats bad news for you, but better for me. At least not alone in this
So let us explore some commonalities, here:
Dell 2.8 Ghz with 512 MB memory
WinXP
128 PNY Verto FeForce FX5500
Soundblaster Live
Saitek X45
similar CTD occurs JFA18, Steel Beast1, 3dSMax (no sound or joystick action here !)
I really do not know, I think maybe this has something to do with mother board. To tell the truth, it is kind of home made computer as I put some parts together. But I do not think that this is IT, rather I would suspect that it is some problematic piece of hardware, or driver.
I would like to jump back into FA18 saddle as there is some new interesting developments still going on here. But as it stands, I cannot test anything, so in frustration I even moved it out of HD.