Hmm...so why is Hijack removing the menu entry immediately?

Can you ensure that you have the following in your config.ini:

[Startup]
reservecache=2


This tells the player to leave 2MB of memory unused. (By default it grabs all available memory - so if an app wanted to allocate some memory after the player has started, it could hit problems.)
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Mk2a 60GB Blue. Serial 030102962 sig.mp3: File Format not Valid.