Enabling both antialias and setoverprint makes text go away.
Created attachment 3933 [details] setoverprint.eps Sample file that shows the problem. Viewing with antialias makes some text go away unless you also add "/setoverprint {pop} def".
Created attachment 3934 [details] testnoaa.gif Test with antialias disabled that shows all of the image.
Created attachment 3935 [details] testaa.gif Test with antialiasing enabled where a block of text is missing.
I suspect this is similar to the problem where anti-alias malfunctions with the pdf14 compositor device in the chain.
This problem can be reproduced in old versions of Ghostscript with the following command line. ~/ghostscript-9.00/bin/gs -sDEVICE=x11alpha -dEPSCrop setoverprint.eps It was fixed in ghostscript-9.04 in 2011. Please close this bug report as fixed.