I am running our (many) sites on a server with the large US company, Namecheap.
As I am having the same issue off a simple clean install with a client site of ours, and knew that someone else would be experiencing it as well, I promptly found this forum entry. This is Namecheap's reseller support reply when I queried them on this issue.
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We have investigated the issue and see the following errors in our error log file:
[Wed Sep 24 15:12:18 2014] [error] [client 205.251.129.126] Fatal error: Allowed memory size of 176160768 bytes exhausted (tried to allocate 165939201 bytes) in /home/newhopec/public_html/libraries/joomla/feed/factory.php on line 71, referer:
http://newhopeforlife.org.au/administrator/index.php
It means that when it tries to open CMC page in your admin area, that process tries to allocate more memory that it is allowed in your PHP settings. It is possible to increase memory_limit, however, there is no sense doing it in this separate case, because high memory usage of that process is caused by huge amount of failures of your script. There is huge amount of common records in error log file located at public_html/administrator:
[24-Sep-2014 15:09:31 America/New_York] PHP Warning: XMLReader::read() [<a href='xmlreader.read'>xmlreader.read</a>]: An Error Occured while reading in /home/newhopec/public_html/libraries/joomla/feed/factory.php on line 71
Those errors are generated when you try to open CMC in admin area. This issue seems to be related to code_debugging, because we do not see any hosting issues at the moment. Unfortunately, we do not provide code debugging support. Such cases are not related to our hosting services. Code debugging includes testing for errors or determining the cause of an error and fixing it. The reason we do not provide such options is that such cases refers to site development service and not to hosting related one. We recommend you to contact webmaster or the developer of the code to resolve the issue.
Feel free to contact us again in case of any questions or issues.
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So, we know where the issue is, and I would like to know if this code is necessary for it to run, and if there is a simple way to disable this code so that I can implement CMC.
thank you
Garth Penglase
ps. if two of us are having problems with this out of the box and are willing to report it, you can bet your life that there are others, probably many, that are experiencing the same, but can't be bothered so just uninstall it and move on, which is what I was going to do but found that AllChimpRegister hasn't yet upgraded for J3.x yet.