It does eventually boot for me, but my monitor displays an "out of range" error while usplash is up (rather than just a blank screen); if I didn't know better I would certainly think it had crashed. I think this is near enough to confirmation.
** Changed in: kubuntu-default-settings (Ubuntu)
Status: Unconfirmed => Confirmed
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amd64 usplash boot broken
https://launchpad.net/bugs/66815
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