I use the playlist extensively and have had a similar problem in the past, but certainly not linked to the latest updates (currently running 2017-04). A few things to check:
1. Do the projects load and play correctly outside of the playlist?
2. Does the order of the playlist make any difference? Is it always the same project/s causing the issue inside of the playlist?
3.There was an issue with one of the updates last year where using fx chain presets would cause exactly the behaviour you are describing, and only whilst playing back in the playlist. To make things even more confusing, it was the next project loading (which contained the fx chain presets) that would cause the freeze, rather than the one currently playing! Do your projects contain fx chain presets? If so, try extracting the fx chains and resaving the projects.
The only other time I had a similar issue with the playlist turned out to be a faulty usb flash drive.