I was having problems with TeamSpeak freezing up the system whenever the minimize or close buttons were pressed. IIRC, Palooka and others were having similar difficulties. There is an "unofficial" patch from the folks at TeamSpeak.org that has fixed this issue for me. It's available from the teamspeak.org Developer Releases forum, or from the August Knights FTP (Knights and Squires only).
Also, I was able to figure out the biggest problems I'd been having with the server. You should find it up, running, and stable, with the three channels Squidly requested set up permanently.