SFTLIST.EXE crashes during the post-configuration steps in the Windows 7 Service Pack 1 upgrade process

Following an upgrade to Windows 7 Service Pack 1 (SP1), during the Post-Configuration tasks the client system may bluescreen and crash. The upgrade to Windows 7 SP1 completes successfully, however.

During shutdown, the following is logged:

[11/02/2010 15:44:48:481 JGSW ERR] {hap=0:tid=121C}
The Application Virtualization Client FSI encountered an exception during shutdown. A minidump may have been generated.

An initial investigation of the dump shows the following:

FAULTING_IP:
+39
2a9e488d ??              ???

EXCEPTION_RECORD:  ffffffff -- (.exr 0xffffffffffffffff)
ExceptionAddress: 2a9e488d
   ExceptionCode: c0000005 (Access violation)
  ExceptionFlags: 00000000
NumberParameters: 2
   Parameter[0]: 00000008
   Parameter[1]: 2a9e488d
Attempt to execute non-executable address 2a9e488d

PROCESS_NAME:  sftlist.exe

ERROR_CODE: (NTSTATUS) 0xc0000005 - The instruction at 0x%08lx referenced memory at 0x%08lx. The memory could not be %s.

EXCEPTION_CODE: (NTSTATUS) 0xc0000005 - The instruction at 0x%08lx referenced memory at 0x%08lx. The memory could not be %s.

EXCEPTION_PARAMETER1:  00000008

EXCEPTION_PARAMETER2:  2a9e488d

WRITE_ADDRESS:  2a9e488d