Hello again good sir.
I just tried the new build 4, and unfortunately, it crashed.
It happened after I clicked "go explore" after crashing into an island. I hadn't done anything, except moving the camera around with ASDW, and clicking around on the screen because I had forgotten how to play the game. The last click was on the ship, and that is when the crashed happened.
I am using Windows 7, and an nVidia graphics card.
Visual Studio 2010, Firefox, LibreOffice Writer, and Thunderbird were running at the time.
Also, I was running the game in full screen mode.