I have installed the latest version of processing - processing-2.0b8
I have tried using the proclipse plugin

No change.

I am running on a dual core intel machine with win 7 and 4gb.
I have installed the latest nVidia drivers
I have tried running with java 1.6.0_45 and 1.7.0_21

Nothing works.

Any help would be extremely gratefully received with this.

Here is a small sample

1. import processing.core.PApplet;
2. public class TestApplet extends PApplet {
3.     private float rot;
4.     public void setup() {
5.         size(800, 800, P3D);
6.     }
7.    
8.     public void draw() {
9.         background(200);
10.         pushMatrix();
11.         translate(width/2, height/2);
12.         rotate((float) Math.toRadians(rot));
13.         line(-100, 0, 100, 0);
14.         line(0, -100, 0, 100);
15.         rot += 1f;
16.         popMatrix();
17.     }
18. }

Running and resizing this causes the crash (on my setup anyway)