When I sync my iPod, iTunes 7.0.2 crashes!

Since I downloaded iTunes 7.0.2, whenever I sync my iPod, I get the beachball with iTunes. All other applications run just fine. If I try to force quit iTunes, the entire computer freezes and I need to do a hard restart by turning off the computer. I reloaded iTunes and the same thing happens. What is going on and how can I fix it? Apple, are you listing? No more purchases on iTunes store because I can't synch with my iPod anymore. It sounds like Apple really didn't do there reseach with this new version of iTunes. I hope they do a better job checking softward glitches when they release the iPhone!
iMac 1.25GHz PowerPC G4   Mac OS X (10.3.9)  

Please, anyone with any ideas please help me. Thanks in advance for your help!

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