Aye its horrible, I am currently stuck on starbase 24 either in orbit in space or on the away team mission, doesnt matter game crash's in like 2 mintues and of couse no progress of the mission is saved making the whole thing Pointless.
Your BSOD is caused by a corrupt or badly installed driver. It could be what is causing the game to crash for you. Make sure you have the latest chipset drivers installed, because the error log you have posted certainly makes it seem you havent.
It also looks like your dirext installation is a little screwy with the error "dxgmms1.sys". Try reinstalling directx. If that doesnt work, reinstall windows and retry. IMO it looks like you have a "funky" install.