Are you saying that when you mount the bin file onto a virtual drive and try to open the media file from the virtual drive, your media player freezes? Do you get an kind of error message or does it just stop responding?
You might not have the proper video codecs. You can use the GSpot Coded Information Appliance to find out what coedec the file uses and weather you have it or not. Get it here http://www.headbands.com/gspot/