I never had a problem with v1.27 hotkeys... have you already tried to reassign hotkeys automatically (CTRL+P -> Key Definitions & WinLIRC -> Reset to default)?
Do it also for fullscreen tab (ESPECIALLY for fullscreen).
If this doesn't work, try deleting BSplayer.xml file located in C:\Documents and Settings\USER_NAME\Application Data\BSplayer\ (attention, by deleting this file you'll lose your settings)
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