Since the late snapshots of 1.7 and the addition of "Super Secret Settings" anti aliasing has become impossible with Nvidia graphics cards. Due to this problem, edges of textures and blocks are very jagged and distorted. In Minecraft's "options.txt" if you disable "fboenable:" by setting it to false, anti aliasing will work again however, Super Secret Settings will black out your entire screen and the magic effect found on potions and enchanted items can take up an entire inventory slot.
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Okay, the crash report has been posted. This is on my Ubuntu drive though. My original post was for Windows 8 but they both have the same issue.
Your graphics driver is outdated:
OpenGL: GeForce GTX 670/PCIe/SSE2 GL version 4.3.0 NVIDIA 319.60, NVIDIA Corporation
Update to 331.38: http://www.geforce.com/drivers/results/72250
Please force a crash by pressing F3 + C for 10 seconds while in-game and attach the crash report (
[minecraft/crash-reports/crash-<DATE>-client.txt|http://hopper.minecraft.net/help/finding-minecraft-data-folder]) here.