There should be no problem with the cr2 in any directory under Poser4Runtimelibrariesfigures...

The memory error message is Posers default message if something is wrong, it usually dosen't have anything to do with memory. One common error is a damaged rsr file in the geometry folder. Go to the Poser4RuntimeGeometriesXXXX folder (XXXX is the name of the folder where you installed the angelyna wings object file). In this folder is an obj file for the wings and an rsr file with the same name. Delete this rsr file, Poser will recreate it, if the wings are used again. This should correct the error.

PS: The angelyna wings where my first purchase also. :)