Don't you ever get rid of old files? Free space, especially on your system drive may be a problem You should get rid of the programs/files you don't use anymore.
Take a look at the error messages near the bottom of that txt file. There are a lot probably related to disc space. There are also some related to Roxio which may be giving you some of the problems you are experiencing.
Other than that, the computer will run the program. You may want to look at some of the posts related to multicam editing on the Corel Users group. Go here and look around.