JavaCon Error Stream handling

gistfile1.java

		Thread t = null;
		try {
			final PipedOutputStream errOut = new PipedOutputStream();
			System.setErr(new PrintStream(errOut));
			final BufferedReader errIn = new BufferedReader(new InputStreamReader(new PipedInputStream(errOut)));
			t = new Thread(
				new Runnable() {
					public void run() {
						try {
							this.wait();
							while (true) {
								String error = errIn.readLine();
								print(error);
							}
						} catch (IOException e){
							e.printStackTrace();
						} catch (InterruptedException e) {
							e.printStackTrace();
						}
					}
				}
			, "ERROR");
			t.start();
		} catch (Exception e) {
			
		}
		//GUI creation
		t.notify();

Does this work for anyone else? I'm having problems actually creating errors. They only show up on the JavaCon every once in a while. And I guarantee, I have enough cores.