"Program" CS3 has stopped working"-Has anybody had this issue before?

When I launch any of my Adobe CS3 software, I get a message as follows:
"Adobe Photoshop CS3 has stopped working
A problem caused the program to stop working correctly. Windows will close the program and notify you if a solution is available."
I tried resetting preferences, restoring my system to an earlier date, removing and reinstalling the software, and nothing has helped.
I am running Windows Vista Home Premium.
It is a licensed version of CS3.
Please help. I am dead in the water here.

Hi,
Have you updated CS3?
Go to help/Updates
Try to run it in Administration mode
Phillip

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