Windows Live Communications has stopped working

Apparently a common problem.


Problem Event Name: APPCRASH
Application Name: wlcomm.exe
Application Version: 14.0.8098.930
Application Timestamp: 4ac41a12
Fault Module Name: kernel32.dll
Fault Module Version: 6.0.6001.18215
Fault Module Timestamp: 49953395
Exception Code: c0000005
Exception Offset: 0004bbba
OS Version: 6.0.6001.2.1.0.256.1
Locale ID: 1033
Additional Information 1: b4a6
Additional Information 2: 6aed891f41870560b1411789960d2376
Additional Information 3: bfd6
Additional Information 4: 995700c4b444cc621b52e92988db24c3

Already tried deleting the contacts folder and reinstalling. I don't use mcafee.

Using Vista Ultimate, 32bit. This happened the moment I attempted to log into WLM after updating, last week.