I can reproduce the bug on some images, but not others. I thought size was the issue at first, but it doesn't seem to be.
From the error message: modver 1.91.0.0 offset:00214ff7
This file contains 2 images and a text file. The gaijin images is NOT affected by the bug, the acvr image DOES cause xnview to crash when converted to b/w and saved. The text file is the full error report (far too long to post directly in a thread).
http://cypherswipe.googlepages.com/BWbugtest.rar
Another thing to note: This bug only occurs when using save as, not when using the export function.
Edit: Been poking around with it a bit more, it's purely related to saving a bitonal format image as jpg. It doesn't matter whether you choose no dither, halftone, pattern, whatever, it'll still crash. However, if you covert it to b/w, then convert it to either greyscale or truecolor before saving, it does not crash.
I also uncovered another bug in the process. Convert the pic to binary, then convert it straight to 32bit. It vanishes. It still indicates that you have an image the original dimensions, but it's like it's all transparent. Strangely though, if you convert to binary, then truecolor, THEN 32 bit, it's fine.