I believe your problems are in windows 7 in fact and not in BSPlayer. BSPlayer doesn't save its settings and also doesn't save subtitles to be available if the folder(s) onto it's writing are protected by UAC or are set as "read only" . Go to control panel -> users and disable UAC and after, unset "read only" for your "program files" folder.
2.57 is a beta and can be downloaded only from the site.
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