Bridge CS6 freezing on OSX 10.8.2 (Mountain Lion)

Question

I am entering this because it is solved and may help others...
Model Name:
iMac
  Model Identifier:
iMac10,1 late 2009
  Processor Name:
Intel Core 2 Duo
  Memory:
12 GB
Apple SW
OSX 10.8.2
Adobe SW
PS CS6, Bridge CS6
Recurring and repeatable problem where Bridge would send OSX into the "spinning  wheel" and lockup the entire system. The only way out was to force a hard reset via button and reboot. It appeared as though the problem occured when I tried to create a new folder so I concluded that it might be a problem with the interaction with Bridge and the underlying File System. Tried: 1) upgrading to latest version of Bridge 2) upgrading from Lion to Mountain Lion. Problem persisted.
After numerous attempts, I discovered that the problem was only repeatable in a certain directory. The directory was from a photoshoot with a mixture of RAW and JPEG shots from a Nikon D7000 so the RAW files were .NEF format. I wondered if there was a problem with the .NEF files since I had just started using RAW. The camera produces both .NEF and .JPG and both get dumped in Bridge. Important: Even though I was able to see other directories with the same mix of files, Bridge kept complaining that there was an problem in the "cache" and that I needed to go to Properties->Cache->Purge Cache to "Purge all Thumbnails and Previews" -- which I did, but the problem persisted with this singular directory.
Next, I went to Finder to see if the folder/directory was readable there. Since there seemed to be a problem with the "Thumbnails and Previews" I put Finder in "columns" mode so it was forced to create a preview. I figured if there was a problem creating previews or thumbnails, a lower level render via Finder would be a good test. I went through all 200 files in the directory to see that the previews were created easily. Each preview popped up in under 1 sec. BUT, then I encountered a RAW .NEF file that took over a minute to render and finally showed up as a thumbnail instead of a preview.  I concluded that the .NEF file was corrupt and deleted it AND the corresponding .JPG and the problem was solved. Bridge was able to browse (create thumbnail and previews in cache).
Note to Adobe Devs: Bridge needs to have much better recovery from situtations like this. There was clearly NO TIMEOUT on Bridge's efforts to render thumbnails and previews on the corrupted RAW file. Bridge should timeout and present a meaningful error.

Answer 1

"Target folder can not be created" and the pdf message: "There is insufficient disk space to complete this operation"
Assuming you do have enough disk space left (less then 10 % of total amount available for free space is bringing sooner rather then later in to trouble) and you also have sufficient amount of RAM (more then 4GB is strongly advised especially if you are running multiple applications) and also enough VRAM (CS6 needs at least 500MB but 1 GB will give you more benefit).
And also assuming you have run the Adobe Updater for latest Bridge (5.0.1.21) then the first thing I would try is a restart holding down option key and choose reset preferences and then try again.
Personally I don't use Web Gallery but I do use the Output Module almost daily for creating PDF contact sheets (have also multiple custom templates) and have no problem at all using it.
(only difference is I'm still at 10.7 while you moved to Mountain Lion)
Could you report back if this helped you, if not you have to also delete the bridge plist file from user library.