I suggest you the default internal renderer, try also the EVR if you use Vista
Don't use DivX v6.x if you can switch back to DivX v5.x or better switch to XviD or FFDShow..
As a last chance try to use the internal renderer instead of the Windows one (go to preferences by pressing CTRL+P -> hold SHIFT key and click on "Filter management" -> now choose "Use internal AVI parser")
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