Chris Knudsen has released a new version of Privateer: Ascii Sector. This latest build fixes a number of bugs and glitches, mostly related to combat situations. You can download 0.6.2.3 from the Ascii Sector website. Here is the full list of changes:
Fixed bug with theft added to criminal record when taking stuff on board a ship.
Fixed bug with being able to melee attack in a smoke cloud.
Fixed bug with stunned, captured or blinded characters knocking guns away and blocking attacks.
Fixed bug with combat mode kicking in on board a ship even if you've captured all hostiles.
Fixed bug with weapons not using ammo if knocked out of your hand.
Fixed bug with captured ejected pilots being removed from the manifest when landing.
The game now ships with SDL_mixer 1.2.11 which will hopefully fix the music crashes.