Ping,
Try fixing your shaft torsionally at one end, instead of applying an equal and oposite torsion to to both ends. I suspect that Pro/M is probably calculating a zero stiffness term for the torsional degree of freedom for the global stiffness matrix of the shaft, and crashes out as a result. The reason is that the whole model is unconstrained with respect to torsion.
Rember that computers run with a finite number of decimal places of precision, so even though you have applied two equal and opposite torsions, there could be some very small calculated net torsion on the shaft. However, the shaft has zero stiffness, and a very small (but finite) torsion divided by zero (or very, very small) stiffness would still give an infinite (or at least, very large) torsional rotation.
Alternatively, if you are uncomfortable with fixing one end of the shaft, try applying a very small torsional spring stiffness to some point of the shaft, and keeping the two equal and opposite torques. Check the torsional rotations, and the reaction at the soft spring - if you have done everything right, the model should run OK, the twist rotations should be OK, and it should give a negligible reaction at the soft spring.
Hope this helps!