I'm having a similar issue that did not appear until 0.2.0. I entered Terinyo and started in the south center, but screen displayed me as offscreen to the west.
I could only see twelve spaces high of visible play area with the rest being blank, though I could move around freely.
Moving west results in the screen not moving, text appears as I move past trees etc.
If I walk east, I show up as normal. Walking out of Terinyo, re-entering, and moving south triggered a larger view and the issue disappeared.
Stuff that might be relevant:
Windows 7
1680x1050 resolution