Comment 4 for bug 604872

If you're at Lucid or Maverick, you can also create the rootfs img by running the attached rootstock script.

Please install all rootstock dependencies by installing the official version provided by the distro:
sudo apt-get install rootstock

Using the attached script:
sudo bash ./rootstock --fqdn beagleboard --login ubuntu --password temppwd --imagesize 512M --seed ubuntu-minimal --dist lucid --serial ttyS2 --components "main universe multiverse"

You'll get the rootfs img and the command that rootstock would call, that gives the seg fault, e.g:
qemu-system-arm -M versatilepb -cpu cortex-a8 -kernel /tmp/tmp.OxxUOBq4B0/qemu-vmlinuz -no-reboot -nographic -pidfile /tmp/tmp.OxxUOBq4B0/qemu.pid -drive file=/tmp/tmp.OxxUOBq4B0/qemu-armel-201007122016.img,aio=native,cache=none -m 256 -append 'console=ttyAMA0,115200n8 root=/dev/sda rw mem=256M devtmpfs.mount=0 init=/bin/installer quiet'