Boxee Keeps on Crashing!

I cannot get Boxee to run at all after upgrading to ATV Flash 4.0.1 and Apple Tv 3.0.1 software, Boxee will crash right after I click on logging into my account, it gives me the following message:" Error: XBMC/Boxee exited with status: 4" and an option to hit menu to return!

Anyone else getting the same problem? Please help and thanks.

Yes, it’s happening to me, but not as routinely as that. It seems to be memory overloads that cause it to crash – like flipping through lots of movies, or switching back and forth between the networked drive and the local drive. I’m continuing to test.

Here’s the answer, found further below:
Pretty simple, and it fixed it fine for me - no problems since I did this.