Handle OOM in Engine::new

[fitzgen]

Part of #12069

Depends on #12361

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Label Messager: wasmtime:config

It looks like you are changing Wasmtime's configuration options. Make sure to
complete this check list:

• If you added a new Config method, you wrote extensive documentation for
  it.

  Details

  Our documentation should be of the following form:

  Short, simple summary sentence.
  
  More details. These details can be multiple paragraphs. There should be
  information about not just the method, but its parameters and results as
  well.
  
  Is this method fallible? If so, when can it return an error?
  
  Can this method panic? If so, when does it panic?
  
  # Example
  
  Optional example here.
  

• If you added a new Config method, or modified an existing one, you
  ensured that this configuration is exercised by the fuzz targets.

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  fuzz targets exercises that new strategy.

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  configuration option in wasmtime_fuzzing::Config (or one
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• If you are enabling a configuration option by default, make sure that it
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