if the problem occurs while opening up a VST's GUI I suspect it can be a video card update may be needed.
Remember a lot of plug ins now a day use Open GL (including Cakewalk plug ins). I would look for an update for your onboard/outboard VC and possibly even an Windows Update. But like PWAL, this doesn't happen to me either.
What are you using for a soundcard ? Are you still using that "M-Audio Delta 44" ?
Can you post some specs ?