Asterisk -vcg cause asterisk to fail!

if I start asterisk -cg everything is fine.
If I start asterisk -vcg no calls work (inbound or outbound), and my server will crash after a while.
(maybe one of the biggest reasons I was chasing my tail earlier!)

Is this a bug?

If not, it should be headlined somewhere to USE CAUTION WHEN USING VERBOSE somewhere.

Brand new dedicated server using FC4 and the only application is Asterisk.

This is a brand new error free install of 1.4

This behavior can be repeated on demand!