I an having a similar problem where it comes up with this when I try to load it.
External component has thrown an exception.
at Microsoft.Xna.Framework.Audio.SoundEffect.AllocateFormatAndData(Byte[] format, Byte[] data, Int32 offset, Int32 count)
at Microsoft.Xna.Framework.Audio.SoundEffect..ctor(Stream stream)
at Microsoft.Xna.Framework.Audio.SoundEffect.FromStream(Stream stream)
at TerrariaOverhaul.Audi
ggVorbis.CreateEffect(Stream vorbisData, Boolean disposeStream) in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\API\OggVorbis.cs:line 114
at TerrariaOverhaul.Audi
ggVorbis..ctor(Byte[] data) in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\API\OggVorbis.cs:line 32
at TerrariaOverhaul.Audi
gg.GetTrack(String modName, String fileName) in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\API\Ogg.cs:line 281
at TerrariaOverhaul.Audi
gg.LoadTrack(Mod mod, String resourceName) in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\API\Ogg.cs:line 329
at TerrariaOverhaul.Audi
gg.LoadSounds(Mod mod) in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\API\Ogg.cs:line 305
at TerrariaOverhaul.Audi
gg.Initialize(Mod mod) in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\API\Ogg.cs:line 129
at TerrariaOverhaul.OverhaulMod.Load() in C:\Users\Merser\Documents\My Games\Terraria/ModLoader\Mod Sources\TerrariaOverhaul\OverhaulMod.cs:line 362
at Terraria.ModLoader.ModLoader.do_Load(Object threadContext)