Hi guys,
The reason X3 is crashing is because of a bug where it gets confused with blank external encoder entries in the registry. This is not due to any shared components.
You can fix the crash by editing your registry if you feel comfortable doing so:
Open registry editor
Go to HKEY_CLASSES_ROOT\CakewalkExtAudioEncoders\{07C30992-FD9A-44A9-8F07-F1AFE58F313A}
If that key has no entries under it you can delete it. Just click on the key and press delete.
That should stop X3 crashing.