Other than the block texture (already known as it's a spoutcraft bug), placing the two basic blocks will not connect.
The home block, when first placed, came up stating the home location is set. When I set the home-teleporter down, not text, no reaction on right click.
Removed all the blocks. Tried again. Each time I place a home block, the client freezes.
Spoutcraft: 1214
Spout: 987
Craftbukkit++: 146 ( http://forums.spout.org/threads/craftbukkit.938/ )

Found you on forums.spout.org