I also have this problem
I have installed the latest video card drivers for the nvidia GeForce FX 5600. I have updated Windows XP to the most recent service pack and installed all known updates. I have upgraded to IE 8.0. I have sacrificied a chicken to the pc gods. I still encounter the same "p3dpython.exe has encountered an error and needs to close." error message.
The only thing I can do to get it to work is to open the display properties and disable ALL hardware acceleration. This, of course, makes the game unusable, as it's slower than a snail on the back of a sloth wading through molasses.
Anyone have any other suggestions? Since Panda 3d is open source, I feel like Disney took the cheap route and sold us up a river. Who do we contact for tech support if the software isn't even under Disney's control? Finger pointing all around!
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