When building a ClientBundle with images, the compiler holds all the
source image files open at the same time, even if you never refer to
the image in your code. This can be a problem if you've got a lot of
images in the bundle interface. I think this is probably a bug, and
I thought there was an issue open for it, but I can't find it now so
maybe there isn't one.
The bottom line is that you either need fewer images in your client
bundle, or you need to increase the number of open files that you're
allowed to have. If you're on linux, google for "too many open
files" to find out how to do this.
Paul