This looks like a mountall bug - could you make sure you're using
mountall 0.2.2 and report whether there's any change
** Package changed: upstart (Ubuntu) => mountall (Ubuntu)
** Changed in: mountall (Ubuntu)
Status: New => Incomplete
** Summary changed:
- Karmic hangs during boot with
** Attachment added: "Photo of console during hang (sorry for bad quality)"
http://launchpadlibrarian.net/33585290/karmic_boot_hang.jpg
** Attachment added: "Dependencies.txt"
http://launchpadlibrarian.net/33585301/Dependencies.txt
** Attachment added: "XsessionErrors.txt"
http://launch