"marked it to open with Rosetta (which confuses me, I thought there was an M1 version of Reaper) "
The universal version will run on Intel or Apple processors, detecting automatically, or with the rosetta option force the Intel version on Apple processor.
It uses a different compiler than the Intel optimized build, which also runs on Apple silicon.
Yeah that is confusing.
A few months ago there was a build that only ran on Apple processor.
Quote:
as soon as I try to open a project it crashes
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you'll have to check the error log to find out what caused the crash
You can try opening the project with FX offline, then enable them a few tracks at a time and you might be able to avoid the crash, or narrow down the issue to a problem plugin.