libpq, threads and connection reset

I'm having some problems with a multi-threaded application using libpq:

Some details:
OS: Solaris 2.6
Postgres version 7.2.1

When my application starts up the main thread (1) connects using PQsetdbLogin() which is successful
Another thread (5 for example) issues queries over this connection.

My test is stopping postgres (KILL -INT) and testing if my application detects the backend failure and
tries to re-connect.

Thread 5 issues a PQexec and discovers the error upon which thread 5 tries to reconnect (after calling PQfinish)
This reconnection HANGS, here is a stack trace:

ee037438 poll (ed906e48, 1, ffffffff)
ee04cc74 select (ed906e50, ed908ea8, ed908f28, ed908eac, ed908f2c, 4) + 280
ee69e010 pqWait (0, 1, 485e8, 1, 81010100, ee0882cc) + 1d8
ee695178 connectDBComplete (485e8, 0, ee0a3180, 0, efffebc0, ee086858) + f8
ee69484c PQsetdbLogin (45e28, ed9091a2, 0, 0, 45d68, 45e40) + 558

All access using the connection is serialized using a mutex.

I've tried the same test but with everything running in thread 1 and it works OK.

I've managed to spot some differences between the two tests:

Multi Threaded test:
The re-connect underlying call to connect returns -1 and sets errno to 146 (connection refused)

Single Threaded test:
The re-connect underlying call to connect returns -1 and errno = 0, so it thinks the connection is "in progress" and tries
to complete the connection - but hangs on the select (poll)

Any help or ideas greatly appreciated,

Joe