I tested kernel 3.4 as per your instructions, and the bug still exists.
The error message of the bug has changed in this new kernel.  It is now:

[    8.416857] ACPI Warning: 0x0000000000000700-0x000000000000073f
SystemIO conflicts with Region \_SB_.PCI0.SM00 1
(20120320/utaddress-251)

However, the results are the same.  In its default state, the sytem will
not recognize the ethernet adapter, and the system hangs when you try to
reboot or shut down.  The workaround mentioned in my first post is still
neccesary in order to  get kernel 3.4 to recognize the ethernet adapter,
and to shut down and reboot properly.

** Tags removed: needs-upstream-testing

** Tags added: kernel-bug-exists-upstream

** Changed in: linux (Ubuntu)
       Status: Incomplete => Confirmed

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https://bugs.launchpad.net/bugs/1003297

Title:
  Networking and ACPI conflicts

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