Try switching the Overlay Resolution to Lo, hit 9 for service menu, go to Extra Options and set Overlay Res to Lo - then use EXIT at the bottom.
These videos are quite high bitrate if I recall, if these suggestions don't work you will probably have to try reducing the bitrate and/or resolution of the m2v with ffmpeg if -novsync also doesn't help.
There are no magic arguments for resource exhaustion on these hi definition overlays.
Also, your log clearly shows you have a corrupt hypinput.ini. If you delete, or rename, the current one, Hypseus will generate a new clean config on its next restart.