Uninstall 3.1 and reinstall 3.0.
See if that works.
[I have had to return to previous versions before.]
3.0 did the same thing. Had to download 2.0.0.16 before it starting working again. WTF.
Lost all my bookmarks :/
BTW: I'm using 3.0.1 without any significant problems - except for sites that are written with IE specific code.