I also have this error with latest Hardy (RC from 2008-04-19). I've CIFS
share mounted on startup from /etc/fstab. I've discovered that when I
configure in network-manager my network card (ethernet) to roaming mode
I always get these messages and it does take an extremely long time to
shutdown. I thought that it was since message about deactivating eth0
were earlier than messages about contacting CIFS server.

But when go into network-manager, disable roaming connection for eth0
and set it to DHCP everything works OK and usplash screen behaves
normally until full shutdown. Maybe it will help to trigger this
problem.

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system hangs at shutdown
https://bugs.launchpad.net/bugs/138691
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