Okay, if you say so, but like I said, I will be investigating why this might be happening and what combinations of versions/worlds/characters are causing it or is it just my game. I will be editing this post with my progress.
EDIT: Nothing Ive tried works, that is, creating new characters/worlds, reinstalling tmodloader, running the game in admin mode. As far as Im concerned, my Terraria is acting up. I dont want to reinstall the whole game this evening so I havent tried that.
This is honestly a great mod but with this problem I need to handle it with care xD
Wont stop me from using it though.