I just found out that if you write to the status line at a high rate it will cause trueSpace to crash.

It took a while to see it consistently because it takes some time to get to the unstable crash state. It happened for me while reading a text file that has more than 120,000 lines in it. I wrote the current line number to the status and it would randomly crash tS after about 30,000 lines, but I also got lucky sometimes and it crashed near the 100,000 line mark so it was a pretty wide range.
I reduced the number of updates to the status line and the mystery crashes have stopped. I need to do one more test with the file to 100% confirm it.
Edit:
confirmed, I was able to read the entire 120,000 line file without any crashes by reducing the number and frequency of status line updates.