hotchiwawa Thank you for your suggestions.
At this point I would rather try and get StrawberryPerl64 to work or at least get some kind of coherent/small failing test case rather than/before I use a 32 bit StrawberryPerl
From a general memory standpoint I am not really budging the needle (~72M of RAM before dying) but I'm doing my checking in the task manager so there may or may not be a different result in perl. However based on my research this error code can occur (among other reasons) in windows when an attempt to access a memory location is made after the contents have been deleted. Currently I'm following up on fishmongers suggestions as well as looking into Devel::cst and Devel::SizeMe.
Update: it looks like Devel::cst and Devel::SizeMe are both Linux specific modules requiring execinfo.h Devel::cst in this case seemed very promising.