i could run the 2.1 just fine but now that i have 3.0 it goes so slow it crashes and i have to restart my comp. I have it set to lowest settings but it still wont work, is my rig too old?
Here's the trace file copy/pasted
////////////////////////////////////////////////////////////
// X Moon Productions (c) 2012
////////////////////////////////////////////////////////////

Version: (3.0.0001)
Build: 64 bits
Release: Full
Date: 2014/12/07 18:53:12

////////////////////////////////////////////////////////////
// System
////////////////////////////////////////////////////////////

OS: Microsoft Windows 7 Professional |C:\Windows|\Device\Harddisk0\Partition2
Cpu: AMD Phenom(tm) II X4 955 Processor (*******: 6143 Mb)
Graphics-card: NVIDIA GeForce 9800 GT (1024 Mb)
Sound-card: High Definition Audio Device

////////////////////////////////////////////////////////////
// DirectX
////////////////////////////////////////////////////////////

DIRECTX_VERSION: 10.0

////////////////////////////////////////////////////////////
// Graphics device
////////////////////////////////////////////////////////////

D3D_VERTEX_PROCESSING: HARDWARE

D3D_ADAPTER_DESCRIPTION: NVIDIA GeForce 9800 GT
D3D_ADAPTER_VERSION: 9.18.13.4052

D3DMULTISAMPLE_2_SAMPLES: 8,8
D3D_MAX_TEXTURE_BLEND_STAGES: 8
D3D_MAX_SIMULTANEOUS_TEXTURES: 8
D3D_MAX_TEXTURE_SIZE: 8192,8192
D3D_PIXELSHADER_VERSION: 3.0
D3D_VERTEXSHADER_VERSION: 3.0

////////////////////////////////////////////////////////////
// Sound devices
////////////////////////////////////////////////////////////

Device[0]: Default
Device[1]: Primary Sound Driver
Device[2]: Speakers (High Definition Audio Device)
Device[3]: Digital Audio (S/PDIF) (High Definition Audio Device)
Device[4]: Digital Audio (S/PDIF) (High Definition Audio Device)

////////////////////////////////////////////////////////////
// Current sound device
////////////////////////////////////////////////////////////

DeviceId: 0
DeviceName: Default
Channel[1]: SPEAKER_FRONT_LEFT
Channel[2]: SPEAKER_FRONT_RIGHT

////////////////////////////////////////////////////////////
// Oculus Rift
////////////////////////////////////////////////////////////

Oculus Rift was not detected

Current release very buggy for some of us. Have to wait for patch and try play then.

Yes we are trying to track down some issues. We hopefully have a patch soon.
On some systems there are issues. Sorry for the inconvenience.