I'm experiencing similar problems, except sometimes I get display driver stoped working but has been recovered,
pre patch I did not have any problems and had good FPS over land and sea with lots of aircraft, London was a slideshow.
after patch my FPS is great, and flying over london with most things on medium and models/damage/effects on high..except launcher has stopped working and the occasional message that the display driver stoped working. I had changed nothing except installing the latest patch.
Someone reinstalled MS Framework .4 and solved his issues with that, but I have not been able to play with my system since yesterday.
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