Is there any evidence that this is actually a bug in mAirList and not in VAC? A BSOD is usually caused by an error in a driver (just like VAC). If an application causes an error, you would usually get this “This application doesn’t work anymore” dialog.
The blue screen should display the name of the module in which the error occured. Can you please post that information here?
Also, in mAirListConfig, you should try to change the various BASS_*-options (e.g. BASS_SAMPLE_FLOAT, BASS_SAMPLE_SOFTWARE) in mAirListConfig. Perhaps VAC doesn’t like one of these.