Kind of, but not for every world. Most load fine, just some which are customised and don't use the "randomise" feature.
Same happens for me, mavericks with JDK7 installed. Also happens in multiplayer screen.
Happens to me also, on Mac OS X 10.9.1, java 7. Only the visible insides of the block render, and items float in front. Open GL is up to date also.
"/setblock ~ ~ ~ sand 9"
It's the 9 that is the different meta.