I don't see any camera errors in your log file, but I DO see snapshots being taken VERY frequently (every 10 seconds or so). If your camera memory is slow and you are taking very high res images, you are probably overrunning your RAM buffer, which will likely cause an error in gphoto2.
Try a print that gives your camera more time to save images to SD, or just ignore the camera error and accept that you will miss a few snapshots if you have many very quick layers. See if the timelapse renders. Octolapse should nicely tolerate and report camera errors like this.
You could also try adding faster flash memory to your camera and see if that helps. Not sure about the specifics of your DSLR, but it could help. OR you could turn down the resolution or increase the image compression, both should help.
This really sounds like a hardware/gphoto2 limitation (I wouldn't call it an issue), but since I'm not seeing any camera error in the log, I can't be 100% sure. You could try manually calling gphoto2 and see how many images you can take in rapid succession before it starts reporting an error (My camera will do this, and I suspect pretty much all will). That should give us a decent error report.
Thanks!