Bug? Or just me...
 

What's with the map being so screwed up west of OSL? Go into the water, first island you come to, there's grass... hanging off of the cliffs, and you warp onto the island randomly around it.

Sounds like you've been lagging.

I don't have this lag

Try deleting the contents of weblevels, and the filenamecache file.

It's not the content, it's a fresh install. It's not lag, I'm on multiple OC-768's in the office where I saw this problem. (In case you don't know what that is, go here: http://en.wikipedia.org/wiki/OC-768#OC-768_.2F_STM-256x)

Provide a screenshot then.

Well the graphical errors seem to be gone, not sure what that was...

The random waypoints are still there though. I was going west by the island just west of OSL, a few feet north, and just randomly respawned on the island, on the south part.

Then provide level names.