I can confirm this on 12.04 x86. when machines with an intel 1000 vm net card 
are started, the machine totally hangs hard.
When changed to aMD vm net cards, no problem.

Nasty bug! Hope it will be fixed soon, seems like a regression bug. No
issues on 3.00.17 kernel

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https://bugs.launchpad.net/bugs/960554

Title:
  VirtualBox virtual e1000 hangs intermittently

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