I'm having horrible luck too....  It crashes right away before anything gets going from psclient.

===== Thursday, December 13, 2007 8:50:31 PM Canada/Mountain =====
**********

Host Name:     computer
Date/Time:      2007-12-13 20:51:01.458 -0700
OS Version:     10.4.11 (Build 8S2167)
Report Version: 4

Command: psclient_static
Path:    /Applications/Games/Planeshift3D/psclient.app/Contents/MacOS/psclient_static
Parent:  WindowServer [56]

Version:        0.3.020 (0)
Build Version: 
Project Name:   psclient_static
Source Version:

PID:    401
Thread: 0

Exception:  EXC_BAD_ACCESS (0x0001)
Codes:      KERN_PROTECTION_FAILURE (0x0002) at 0x00000038

Thread 0 Crashed:
0   libSystem.B.dylib            0x90025c82 flockfile + 18
1   libSystem.B.dylib            0x900e3b33 vfprintf_l + 65
2   libSystem.B.dylib            0x90010c49 fprintf + 73
3   psclient_static              0x001c7d92 ConsoleOut::Intern_VPrintf(ConsoleOutMsgClass, char const*, char*) + 536

Thread 1:
0   libSystem.B.dylib            0x90009cd7 mach_msg_trap + 7
1   com.apple.CoreFoundation     0x9082d253 CFRunLoopRunSpecific + 2014
2   com.apple.CoreFoundation     0x9082ca6e CFRunLoopRunInMode + 61
3   com.apple.audio.CoreAudio    0x91469356 HALRunLoop::OwnThread(void*) + 158
4   com.apple.audio.CoreAudio    0x91469171 CAPThread::Entry(CAPThread*) + 93
5   libSystem.B.dylib            0x90024227 _pthread_body + 84

Thread 2:
0   libSystem.B.dylib            0x900248c7 semaphore_wait_signal_trap + 7

Thread 0 crashed with X86 Thread State (32-bit):
  eax: 0xa000d000  ebx: 0x900e3b00  ecx: 0x90001778  edx: 0xa00023e0
  edi: 0x00000000  esi: 0xa000d000  ebp: 0xbfffb8a8  esp: 0xbfffb890
   ss: 0x0000001f  efl: 0x00010286  eip: 0x90025c82   cs: 0x00000017
   ds: 0x0000001f   es: 0x0000001f   fs: 0x00000000   gs: 0x00000037

Binary Images Description:
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 0x1305000 -  0x1623fff Cg    /Applications/Games/Planeshift3D/psclient.app/Contents/Frameworks/Cg.framework/Cg
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