Chunks dont display under certain circumstances

Like bug MC-129 I have a chunk that does not display properly (See screenshot). See bug MC-129 comment 25701 why this is not a duplicate.

Attached are two screenshots I can reproduce both views repeatedly by moving one tile forwards/backwards. So the chunk appears/disappears depending on my position. (It may be necessary to keep the crosshair on the blocks right in front on the same ledge)

This is reproduceable on SMP even after quiting and reopening the world. I have a savegame if someone is interested

This is with advanced OpenGL On, turning that of also toggles the bug