I agree VLC is unstable on Windows 8.
I only tested my builds (win32/win64 vlc-2.0-git vlc.git) on VirtualBox, not on real machine on Windows 8.
I couldn't catch the reason why VLC suddenly crashed. gdb didn't help.
The patch for this issue was applied in VLC 1.1.10 and later.Please don't ask me to use the latest version
I think you can execute properly If you copy "libgcc_s_dw2-1.dll" to the same directory where vlc.exe exists or under the PATH environment.gcc version 4.6.2 (GCC)
windows error messages refers to: libgcc_s_dw2-1.dll