I have the same problem with my PCI card, the initrd.img doesn't include the it821x module. And I have test with the alternate CD, the installer doesn't contain the it821x module, and if you want to install a hd plug to an ITE 8211/8212, you must load the it821x module from an USB Drives at the beginning of the install.
** Bug 47507 has been marked a duplicate of this bug -- dapper fails to boot on ITE 8211 based ide controler https://launchpad.net/bugs/47197 -- ubuntu-bugs mailing list ubuntu-bugs@lists.ubuntu.com https://lists.ubuntu.com/mailman/listinfo/ubuntu-bugs