I don't see anything strange, no red lines. Just in case I removed BGRABitmapPack using the Project Inspector, and then added in the one in the directory containing 9.2.2 bgrabitmap. No change. Widgetset is Carbon, Darwin, i386.
However, I copied the code using TImage into my original program where I encountered the problem, and am still getting the old behavior with odd colors.
EDIT
In my original program I get:
Warning: other unit files search path (aka unit path) of "MyProg" contains "/Users/.../bgrabitmap", which belongs to package "BGRABitmapPack"
Confused, maybe this is a problem?