Looks like a patch for this issue has now been included here:
http://git.qemu.org/?p=qemu.git;a=commitdiff;h=d1bb099f6308d594061
** Changed in: qemu
Status: Confirmed => Fix Committed
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https://bugs.launchpad.net/bugs/893208
Title:
qemu on ARM hosts can't boot i386 image
Status in QEMU:
Fix Committed
Status in Linaro QEMU:
New
Bug description:
If you apply some workarounds for bug 870990, bug 883133 and bug
883136 QEMU still cannot boot the i386
debian_squeeze_i386_standard.qcow2 image from
http://people.debian.org/~aurel32/qemu/i386/ -- grub starts to boot
but something causes the system to reset just before display of the
blue-background grub menu, so we go round in a loop forever. This
image boots OK on i386 hosted qemu so this indicates some kind of ARM-
host specific bug.
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