That bug does not happens with meld svn trunk as r1312.
please test that it fixes it for you too.
##########################
svn co svn://svn.gnome.org/svn/meld/trunk
cd trunk
./meld /path/to/{file1.txt,file2.txt}
##########################
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Meld hangs opening attached text files on ubuntu 8.04 and 8.10
https://bugs.launchpad.net/bugs/317936
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