Hey, thanks for providing the log. And it is good to know that this is not a network problem (seeing how you can ping be name).
I think this issue might be related to the Display drivers on the client machine. Can you update the display driver on the client machine to the latest driver?
Here is a similar situation posted by another person:
http://www.myitforum.com/forums/Remote_Client_-_White_Screen/m_203041/tm.htm