I am experiencing the same sort of crashes. I bought the Combined Ops package from steam. Operation Arrowhead works brilliantly so far, I've only had it CTD a few times when doing something really intense with the editor.
ARMA 2 (and Combined Ops), however, will freeze in the same way as HomerPepsi's did in an easily reproducible manner. Any time I try to fire a javelin missile, or start up a helicopter for instance. The crash actually very closely mimics what happens to my laptop when it overheats from lack of airflow, and at first I thought that was my problem. The screen goes black and whatever sound was playing last can be heard stuttering in a very short loop. The computer will not respond in any manner until I force it off with the power button.
I've been playing around with drivers and settings but nothing has helped so far. I'm going to try reinstalling shortly.
An entry similar to the one below will be generated in the ARMA2.rpt file whenever I load a game, but no report entries are generated when my computer locks up.
=====================================================================
== c:\program files\steam\steamapps\common\arma 2\arma2.exe
== "c:\program files\steam\steamapps\common\arma 2\arma2.exe"
=====================================================================
Exe timestamp: 2010/07/23 00:39:42
Current time: 2010/08/01 14:46:14
Item str_disp_server_control listed twice
Exe version: 1.07.71750
Warning: looped for animation: ca\wheeled\data\anim\uaz_cargo01_v0.rtm differs (looped now 0)! MoveName: kia_uaz_cargo02
Warning: looped for animation: ca\wheeled\data\anim\uaz_cargo01_v0.rtm differs (looped now 1)! MoveName: uaz_cargo02
Some relevant system info:
Operating System: Windows Vistaâ„¢ Home Premium (6.0, Build 6001) Service Pack 1 (6001.vistasp1_gdr.100218-0019)
Language: English (Regional Setting: English)
System Manufacturer: Gateway
System Model: P-7811FX
BIOS: Ver 1.00PARTTBL
Processor: Intel® Core2 Duo CPU P8400 @ 2.26GHz (2 CPUs), ~2.3GHz
Memory: 3066MB RAM
Page File: 1018MB used, 5322MB available
Windows Dir: C:\Windows
DirectX Version: DirectX 10
DX Setup Parameters: Not found
DxDiag Version: 6.00.6001.18000 32bit Unicode
---------------
Display Devices
---------------
Card name: NVIDIA GeForce 9800M GTS
Manufacturer: NVIDIA
Chip type: GeForce 9800M GTS
DAC type: Integrated RAMDAC
Device Key: Enum\PCI\VEN_10DE&DEV_0628&SUBSYS_0696107B&REV_A1
Display Memory: 1775 MB
Dedicated Memory: 497 MB
Shared Memory: 1277 MB
Current Mode: 1920 x 1200 (32 bit) (60Hz)
Monitor: Generic PnP Monitor
Driver Name: nvd3dum.dll,nvwgf2um.dll,nvwgf2um.dll
Driver Version: 8.17.0012.5896 (English)
DDI Version: 10
Driver Attributes: Final Retail
Driver Date/Size: 7/9/2010 17:37:00, 9818728 bytes