Since the alpha PhysX3_x86.dll has been crashing the game, I realize that you already know about this issue and have multiple discussions about it already, but I figured I'd help out in resolving this problem seeing as it's the only thing holding me back from properly enjoying the game. I'll keep uploading crash reports as it's the only crash I'm experiencing and it's easy for me to reproduce.
The crash happens on the current version and the current dev version. {F23118}