Hey guys, I was having this problem too and just stumbled on a solution that worked for me at least.

My sound device in windows was set to output at 192khz 24bit. When I set this back to 44.1khz 16bit it fixed the problem!

So to check, in win7 go to Control Panel -> Hardware and Sound -> Sound

Pick your sound device that is set as default, click Properties.
Go to the Advanced tab and make sure the 'Default Format' it is set to 44.1khz 16bit.

I actually was able to set mine to 96khz 24bit and it works aswell, just doesn't seem to like 192khz.

Good luck!

!00% credit to Wilpash9x this was not my fix.

Last bump before I play.. good luck everyone.

Some people claimed this worked in the other thread, bump for justice

Yep nothing worked until wiplash suggested this.