I've installed trial version of Illustrator CS6 and even that it does work much better,
it started crashing since the ~4th day from installation with same exception code.
crash example (Event Id 1000):
Faulting application name: Illustrator.exe, version: 16.0.0.682, time stamp: 0x4f6e45b7
Faulting module name: Illustrator.exe, version: 16.0.0.682, time stamp: 0x4f6e45b7
Exception code: 0xc0000005
Fault offset: 0x0000000000675b58
Faulting process id: 0x17b4
Faulting application start time: 0x01cfa3e0add70dfc
Faulting application path: C:\Program Files\Adobe\Adobe Illustrator CS6 (64 Bit)\Support Files\Contents\Windows\Illustrator.exe
Faulting module path: C:\Program Files\Adobe\Adobe Illustrator CS6 (64 Bit)\Support Files\Contents\Windows\Illustrator.exe
Report Id: 156bf243-0fdd-11e4-a069-20cf30f4b92b
and (Event Id 1000):
Faulting application name: Illustrator.exe, version: 16.0.0.682, time stamp: 0x4f6e45b7
Faulting module name: Illustrator.exe, version: 16.0.0.682, time stamp: 0x4f6e45b7
Exception code: 0xc0000005
Fault offset: 0x0000000000675b58
Faulting process id: 0x17d0
Faulting application start time: 0x01cfa0bce2570de9
Faulting application path: C:\Program Files\Adobe\Adobe Illustrator CS6 (64 Bit)\Support Files\Contents\Windows\Illustrator.exe
Faulting module path: C:\Program Files\Adobe\Adobe Illustrator CS6 (64 Bit)\Support Files\Contents\Windows\Illustrator.exe
Report Id: 3e2f455a-0cdf-11e4-988c-20cf30f4b92b
different crash on different module (Event Id 1000):
Faulting application name: Illustrator.exe, version: 16.0.0.682, time stamp: 0x4f6e45b7
Faulting module name: KERNELBASE.dll, version: 6.1.7601.18409, time stamp: 0x5315a05a
Exception code: 0xe06d7363
Fault offset: 0x000000000000940d
Faulting process id: 0x554
Faulting application start time: 0x01cfa9601664475c
Faulting application path: C:\Program Files\Adobe\Adobe Illustrator CS6 (64 Bit)\Support Files\Contents\Windows\Illustrator.exe
Faulting module path: C:\Windows\system32\KERNELBASE.dll
Report Id: 2adf6e58-155c-11e4-9acc-20cf30f4b92b
not sure if related (event Id 80 - SideBySide):
Activation context generation failed for "c:\program files (x86)\Adobe\acrobat 9.0\designer 8.2\FormDesigner.exe".Error in manifest or policy file "" on line . A component version required by the application conflicts with another component version already active. Conflicting components are:. Component 1: C:\Windows\WinSxS\manifests\amd64_microsoft.windows.common-controls_6595b64144ccf1df_6.0. 7601.17514_none_fa396087175ac9ac.manifest. Component 2: C:\Windows\WinSxS\manifests\x86_microsoft.windows.common-controls_6595b64144ccf1df_6.0.76 01.17514_none_41e6975e2bd6f2b2.manifest.