Streaming Problem: Flash Media Encoder crashes when I hit "start"

[TheGreatPUDDING]

OK, so I felt like streaming some games, so I registered for Justin.tv, then installed ManyCam and Flash Media Encoder. I downloaded the XML profiles from JTV, opened Flash Media Encoder, opened up the XML profile, and I get the message "Log file cannot be created. Error opening log file. The application cannot create the log file." and "Profile Validation. Some of the tags in the profile have incorrect or no values. Flash Media Encoder will use default values for these tags. For details, please refer to encoding logs." Everything else looks like it's filled in so I hit connect, then hit start. It seems to work for a few seconds, then a window pops up and says "Flash Media Encoder has stopped working" then closes.

I tried googling answers and looked around the support forums and didn't find anything helpful. Also, here's a video of what happens and a screenshot of my settings before I hit start.

[media]http://www.youtube.com/watch?v=b-fbnYVB6u4[/media]

[IMG]http://i862.photobucket.com/albums/ab188/TheGreatPUDDING/Monkey%20Ninja%20Crap/dt.png[/IMG]

Any ideas?

NOTE: I'm using version 3.1

[robmaister12]

Hall of mirrors effect is never a good thing if you're rendering the screen. Disable the preview, I have a feeling that's what is crashing it.

[TheGreatPUDDING]

Didn't work.