This seems to be an issue that only happens with certain PSD files. I can open the PSD image from my unit test without any problems in 7.0.0.15. If you need the x64 or the x86 version I can provide you with a development build that includes this fix. Contact me through CodePlex so I can get your e-mail if you are interested in this. If you need the AnyCPU build you will have to wait till this weekend when I will publish a new release.
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