crash during meshimport

my unreal editor 3 crash during mesh import. Both skeletal & static. Crashes with both maya 8.5 & 2008 exporter plugins.

skeletal imports seem not to crash during import, it crashes when i select package in browser

static imports kills editor with 3 errors

I got a graphics card that doesnt support shader module 3, can this be the problem? any workaround for SM2 cards?

log:
http://pastebin.com/f229aca2
"Vertex element type 11 not supported"

really need to fix this without changing hardware

thx

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