Hey,
This exact same thing is happening to me. Downloaded the new Turey installer, and it gives me the good old "experienced an error; need to close" box. OpenAL is updated, no conflicting .dll files are present, and I didn't mess with the audio tab. Here's what debug gave me:
==========================================================================
DEBUG SPEW: No debug_filter.cfg found, so only general, error, and warning
categories can be shown and no debug_filter.cfg info will be saved.
==========================================================================
Passed cmdline options:
<none>
Building file index...
Searching root 'E:\fsopen\'
Searching root pack 'E:\fsopen\FS2OGGcutscenepack.vp'
Searching root pack 'E:\fsopen\multi-mission-pack.vp'
Searching root pack 'E:\fsopen\multi-voice-pack.vp'
Searching root pack 'E:\fsopen\Root_fs2.vp'
Searching root pack 'E:\fsopen\smarty_fs2.vp'
Searching root pack 'E:\fsopen\sparky_fs2.vp'
Searching root pack 'E:\fsopen\sparky_hi_fs2.vp'
Searching root pack 'E:\fsopen\stu_fs2.vp'
Searching root pack 'E:\fsopen\tango1_fs2.vp'
Searching root pack 'E:\fsopen\tango2_fs2.vp'
Searching root pack 'E:\fsopen\tango3_fs2.vp'
Searching root pack 'E:\fsopen\warble_fs2.vp'
Found 13 roots and 7258 files.
AutoLang: Language auto-detection successful...
Setting language to English
Wokka! Error opening file (strings.tbl)!
Error parsing 'strings.tbl'
Error code = 5.
Initializing OpenAL...
Using 'Generic Software' as OpenAL sound device...
OpenAL Vendor : Creative Labs Inc.
OpenAL Renderer : Software
OpenAL Version : 1.1
... OpenAL successfully initialized!
GR_CPU: Family 15, MMX=Yes
Initializing Direct3D graphics device at 1024x768 with 32-bit color...
Direct3D Adapter : Intel(R) 82852/82855 GM/GME Graphics Controller
Direct3D Driver Version : 6.14.10.4396
Alpha texture format = ARGB, 4:4:4:4
Non-alpha texture format = ARGB, 1:5:5:5
Max texture units: 4
Max texture size: 2048x2048
Can use compressed textures: YES
Texture compression available: YES
... Direct3D init is complete!
Size of bitmap info = 705 KB
Size of bitmap extra info = 40 bytes
ANI cursorweb with size 24x24 (25.0% wasted)
GRAPHICS: Initializing default colors...
SCRIPTING: Beginning initialization sequence...
SCRIPTING: Beginning Lua initialization...
LUA: Opening LUA state...
LUA: Initializing base Lua libraries...
LUA: Performing global function/(library/object) name repeat check...
LUA: Performing library/object name repeat check...
LUA: Performing object/object name repeat check...
LUA: Performing library/library name repeat check...
LUA: Initializing library functions...
LUA: Initializing object functions...
SCRIPTING: Beginning main hook parse sequence....
Wokka! Error opening file (scripting.tbl)!
Unable to parse scripting.tbl! Code = 5.
SCRIPTING: Inititialization complete.
Using high memory settings...
Wokka! Error opening file (interface.tbl)!
Unable to parse interface.tbl!
Wokka! Error opening file (pixels.tbl)!