Download file from (URI Removed by OP)
This video file was found in "C:\Program Files\Common Files\microsoft shared\ink" I had no trouble viewing the image with WMP, QuickTime, or WinAmp.

BTW I'm trying to run MP on Windows 8 Pro x64 w/Media Center.
I downloaded the latest beta, beta 10:BabelSoft wrote:This error means that Media Preview has encountered a file with some unexpected properties and failed to create a thumbnail for it.
Now this can happen because (from the most possible case to the least):
1. I already fixed this in the latest beta but you're still running an older beta. Until beta10, there was a bug in the installer that could make it picking up the wrong install file at times. Can you uninstall any beta versions you got, download beta10 and try again?
http://www.babelsoft.net/bin/MediaPrevi ... 10.sfx.exe
2. You have a file with properties Media Preview still can't handle. If beta10 is still failing, can you look at the last folder it was processing and send me the media files this folder contains? If altogether they're too big, let me know. I'll try to send you a version of Media Preview that will tell you which file triggers the bug.
3. Windows 8.1 has changed the way it handles Shell add-ins like Media Preview comparing to Windows 8.0, particularly in the memory managing area. If 1. and 2. didn't let me find the source of the bug, I'll have to do some scalability testing on Windows 8.1.