One thing that I've not seen mentioned is that killing threads is generally a Bad Idea. There are techniques for making threaded methods cleanly abortable, but that's different to just killing a thread after a timeout.
The risk with what you're suggesting is that you probably don't know what state the thread will be in when you kill it - so you risk introducing instability. A better solution is to make sure your threaded code either doesn't hang itself, or will respond nicely to an abort request.