This bug was fixed in the package initramfs-tools - 0.92bubuntu1

---------------
initramfs-tools (0.92bubuntu1) intrepid; urgency=low

  * Merge from debian unstable, remaining changes:
    - Change Build-Depends to Build-Depends-Indep.
    - Use busybox-initramfs for Depends.
    - Do not source udev.conf.
    - Set BUSBOXDIR properly.
    - Keep kinit and gzip in initrd.
    - Use -Qb for for module loading to honor blacklists via the use of
      MODPROBE_OPTIONS.
    - all_generic_ide script.
    - Remove lvm local-top script (conflicts with lvm-common).
    - takeover=1 in update-initramfs.
    - Allow the mounting of a root filesystem as a loop device on top
      of a host filesystem, used for wubi installs.
    - Add vfat support to the initramfs.
    - Reduce timeout to 30 seconds -- corner cases (giant
      disk arrays, clusters) will need to provide their own rootdelay=
      boot arg.
    - Keep more meaningful text for no root device panic.
    - Provide a clearer error on mount failure of the Windows host
      filesystem.
    - Add 2>&1 to the run-init line.
    - Source /scripts/functions in resume script.
    - resume UUID upgrade.
    - Add mountroot failure support, to allow meaningful messages when
      no root device can be found.
    - Panic if either the root device doesn't exist, or vol_id cannot
      identify it. Allows for mountroot failure hooks for md devices
      to be displayed.
    - Ignore blacklist for forced vga= usage.
    - Loop for 5 seconds waiting for $suspend to show up, adjustable
      with the resumedelay= command-line arg.
    - Load virtio_pci for MODULES=most.
    - Usplash pulsates until the real init takes over.
    - Drop scripts/init-premount/thermal as force_load can do this
      for us during initramfs creation.
    - Load thermal modules on lpia.
    - Allow for alternative PREREQS to be specified using | as the
      separator.
    - Add udf to auto_add_modules. It was originally added to
      dep_add_modules, however dep_add_modules now auto-detects the
      modules needed for the root filesystem.
  * hook-functions:
    - Refer to /lib/firmware/${version} where version is the kernel
      version we are building an initramfs for.
    - Do not copy /lib/udev/firmware.agent to the initramfs. Ubuntu's
      udev has /lib/udev/firmware_helper instead, and the udev hook
      copies this to the initramfs for us.
    - Dropped the manual_add_firmware function, as initramfs-tools now
      checks the firmware field in the module it is copying, and copies
      the firmware required by that module if its available.
  * Drop hooks/keymap and the KEYMAP variable setting in
    conf/initramfs.conf as console-setup takes care of keymap loading.
  * hooks/udevhelper: Drop, udev already copies what it needs.
  * hooks/legacylvm: Drop, as it refers to binaries and directories our
    lvm package doesn't have.

initramfs-tools (0.92b) unstable; urgency=low

  [ maximilian attems ]
  * update-initramfs: mbr_check() fix for /dev/md/X naming. (closes: #469312)
    Thanks to Axel Beckert <email address hidden> for report.
  * hook-functions: MODULES=dep fix error message.

  [ Glennie Vignarajah ]
  * initramfs-tools: Fix UUID rootfs detection with 'MODULES=dep'.
    (closes: #483082)

initramfs-tools (0.92a) unstable; urgency=high

  * ps3: Add ps3_sys_manager to MODULES=dep ps3 modules.
  * initramfs-tools.8: Document resume_offset bootparam.
  * Documentation typo fixes and additions.
  * init: Fix hardcoded ROOT bootcase. (closes: #478236)
    Thanks Kevin Price <email address hidden> for report and
    Martin Michlmayr <email address hidden> for debugging.

initramfs-tools (0.92) unstable; urgency=low

  Release "Ogni contrada è patria del ribelle"

  [ maximilian attems ]
  * init: export ROOTFLAGS + ROOTFSTYPE.
  * debian/control: s/XS-Vcs/Vcs/
  * mkinitramfs: Drop gzip -9 option. (closes: #470869)
    Thanks Tollef Fog Heen <email address hidden>.
  * Ignore lintian warnings about empty directories.
  * framebuffer: Let udev create fb devices.
  * framebuffer: Leave tty devices for udev too.
  * manpages: fix  hyphen-used-as-minus-sign
  * init: fix mkdir usage.
  * init: Set proper permissions of /dev/console mknod fallback.
  * scripts/function: Use mknod directly.
  * debian/control: Depend on latest klibc for mknod usage.
  * scripts/functions: fix configure_networking() for multiple interfaces.
    (closes: #467078) Thanks Michal Sojka <email address hidden>.
  * ps3 nuke useless hardcoded initramfs script. (closes: #468113)
  * resume: Add support for resume_offset swap file suspend to disk.
    (closes: #474691) Thanks Alan Jenkins <email address hidden>.
  * update-initramfs: Rename function according to reliability fix.
  * hook-functions: Add atl1, cxgb3, e1000e, igb, ipg, niu, sky2 to
    net section of initramfs modules. (closes: #463607)
  * hook-functions: MODULES=dep fix ps3 support.
  * initramfs-tools.8: Small documentation fixes. (closes: #467627)

  [ debian@x.ray.net ]
  * configure_network(): do nothing if device already configured.
    (closes: #465901)

  [ Joey Hess ]
  * update-initramfs: use dpkg-trigger. (closes: #447611)

  [ Luke Yelavich ]
  * update-initramfs: Initramfs generation reliability fixes.
    (closes: #468112)

  [ Fabio M. Di Nitto ]
  *  hook-functions: Add support for sunvnet and sunvdc.

initramfs-tools (0.91e) unstable; urgency=medium

  [ Daniel Reichelt ]
  * update-initramfs: fix ro-mounted /boot check (closes: #458772)

initramfs-tools (0.91d) unstable; urgency=low

  * MODULES=dep fix for new /dev/md/X naming scheme (closes: #440694).
  * debian/control: Add versioned depends on findutils (closes: #450888).
  * Update to newer standards version without changes.
  * local-premount/resume: coding style fixes.

initramfs-tools (0.91c) unstable; urgency=low

  * update-initramfs: Fix ro /boot partition check (closes: #451151)
  * init: Don't overwrite boot cmdline arg (closes: #453294)

initramfs-tools (0.91b) unstable; urgency=low

  * hooks/udevhelper: Adding all /lib/udev on initramfs if missing. Due to
    overly strict errexit usage by udev hook functionality might be missing.
    This is an potential Etch Lenny upgrade issue on UUID and LABEL roots.
    Thanks Michael Prokop <email address hidden> for report. (closes: 431291)

initramfs-tools (0.91a) unstable; urgency=low

  * init: Fix resuming with hardcoded uppercase RESUME variable.
    Thanks Raphael Hertzog <email address hidden> for the report.

initramfs-tools (0.91) unstable; urgency=low

  * udev_helper: Axe the modprobe ide-generic should no longer be needed
    for kernel since Etch.
  * debian/control: Tighten dep on latest klibc for BUSYBOX=n usage.
    Add XS-Vcs-* fields. Mv busybox from Depends to Recommends.
  * mkinitramfs: Cope when no busybox is around warn on md/lvm root.
  * mkinitramfs: Kill kinit.shared too.
  * scripts/local: Quote readonly variable. (LP: #115807)
  * mkinitramfs, scripts/keymap: Add trailing slash on cp destination for dir.
  * init: Call panic for debug sh if run-init fails.
  * init-top/framebuffer: Check that fb minor is below 32.
  * init: Export noresume if set. uswsusp and kdump need it.
  * init: Try harder to find a valid init on rootmnt. Fixes bootfailure on
    bogus init bootarg too.
  * scripts/{functions,nfs}: Split networking code in separate function.
    Thanks Vagrant Cascadian <email address hidden> for the patch.
    (closes: #439397)
  * update-initramfs: Don't check for ro /boot inside of a chroot.
  * debian/script: Fix syntax of MODULES=dep block.
  * hook-functions: Add rootfs detection for the "auto" mount output.
    Thanks martin f krafft <email address hidden> for report. (closes: #441211)
  * init: Disable quiet on debug bootarg. Fix new init error message.
    Thanks Michael Prokop <email address hidden> for the patches.
  * hook-functions: MODULES=dep fix I2O detection. Add sys_walk_modalias()
    to catch old style IDE.
  * mkinitramfs: Export MODULES, allows hook scripts to act accordingly.
    (closes: #421658) Add /usr/share/initramfs-tools/conf-hooks.d for hooks
    options on mkinitramfs run. Do not land in initramfs.

initramfs-tools (0.90a) unstable; urgency=high

  * scripts/functions: simplify panic()
  * mkinitramfs: Kick empty dir modules.
  * hook-functions: Factor sys_walk_mod_add() out of dep_add_modules().
  * init: Fix mount options invocation for klibc mount.
  * hook-functions: Add the new firewire modules.

initramfs-tools (0.90) unstable; urgency=low

  Release "J'aim' pas le fataliste Je n'ai ni foi ni loi"

  [ maximilian attems ]
  * hook-functions: Fix xen i386 boots with optimized 2.5. (closes: 420754)
    Thanks Marco Nenciarini <email address hidden> for patch.
  * debian/control: Bump dep on klibc-utils from etch. (closes: 435031)
  * scripts/functions: Implement non-zero panic bootarg. Style fix for
    maybe_break().
  * hook-functions: dep_add_modules() fix for md, lv, luks root.
    (closes: #426917, #429237, #426446)
  * debian/scripts: Add /etc/crypttab to reportbug script.  Add /sys/block
    list for MODULES=dep to reportbug script.
  * scripts/functions: Add error message on verbose mode about ignored files
    in boot/hooks dir.  Thanks Kornilios Kourtis <email address hidden>
    for the initial patch. Fixes a double set_initlist call too. Ignore empty
    dirs earlier too. (closes: #428729, #433459)
  * mkinitramfs.8: Document verbose mode.
  * debian/initramfs-tools.preinst: Inhibit /etc/initramfs-tools/conf.d/resume
    creation in chroot for debian-live and other. (closes: #433190)
    Thanks Kel Modderman <email address hidden> for the patch.
  * update-initramfs: Improve "altered" error message. (closes: #436752)
  * update-initramfs, update-initramfs.conf: update_initramfs config variable
    is tristate. Set to 'all' to update any initramfs: $(update-initramfs -u).
    Allows specific admin setting. (closes: #425050)

  [ David Härdeman ]
  * hook-functions: Protect all variable with local, plus coding style fixes.

initramfs-tools (0.89) unstable; urgency=low

  Release "L'\xE9lecteur c'est notoire N'a pas tout' sa raison"

  [ Joey Hess ]
  * mkinitramfs: Include libgcc_s.so.1 on arm since glibc always tries to load
    it for the SJLJ exception handling on that architecture. (closes: #426395)
    Thanks to Aurelien Jarno for ack and review.

  [ maximilian attems ]
  * initramfs.conf.5: Document ROOT hardcoding.
  * scripts/local: Use simpler fstype invocation.
  * initramfs-tools.8, initramfs.conf.5: Fix typos. (closes: #427837, #427838)
    Thanks "A. Costa" <email address hidden> for the patch.
  * scripts/local: Try to warn for renamed root dev. (closes: #374611)
  * minitramfs: Fall back to bootable default MODULES=most if unsupported
    MODULES setting is passed. Thanks Henning Sprang <email address hidden>
    for report. (closes: #429144)
  * hook-functions: Fix variable typo. Thanks Emanuele Rocca <email address hidden>.
  * scripts/local: Revert change to use udev vol_id before fstype,
    there are too many "wrongly" formated fs out there. fstype supports less,
    but is more robust.

initramfs-tools (0.88) unstable; urgency=low

  [ maximilian attems ]
  * debian/changelog: Fix missing colons in closes.
  * hook-functions: Add a proper /sys walking dep_add_modules() for a minimal
    initramfs on MODULES=dep. (closes: #395526)
  * mkinitramfs.8: Add examples section, plus improve description of the
    low-level tool and how it fits with update-initramfs.
  * init: Ignore non-numerical panic and rootdelay bootarg.
  * scripts/init-premount/ps3: Fix typo. (closes: #423469)
  * scripts/nfs: Fix when root-path includes server-ip. (closes: #387808)
    Thanks Vagrant Cascadian <email address hidden> for patch.

  [ David Härdeman ]
  * init: Remove cryptopts parsing, not official bootparam. cryptsetup scripts
    parse /proc/cmdline themselves (even in the Etch version).
  * hook-functions: Change copy_exec to use the same source and
    destination path if only one argument is given.
  * hook-functions: Document how copy_exec determines the target path.
  * hook-functions: Add firmware loading support to manual_add_modules().
    (closes: #355881)
  * scripts/local: Ubuntu merge
    - As well as waiting for the existance of the root device node, also check
      to see whether we have a filesystem of some kind on it.  Some devices
      nodes (devmapper/LVM/EVMS, mdadm) will exist before they can be safely
      used. Patch by Scott James Remnant <email address hidden>. Changed to
      support both fstype and vol_id.
  * hook-functions: make version check in check_minkver more robust.

initramfs-tools (0.87b) unstable; urgency=low

  * scripts/init-top/framebuffer: Remove vga16fb loading on splash bootarg.
    Newer usplash > 0.4 no longer needs that.

  * hooks/legacymdadm: remove only needed for partial upgrades from sarge.

  *  hooks/legacylvm: Source relevant functions. (closes: 419667)

initramfs-tools (0.87) unstable; urgency=low

  [ maximilian attems ]
  * scripts/functions: reduce_satisfied() needs to ignore the same set as
    set_initlist() otherwise an script having a prereqs on a non-executable
    boot script may cause circular panic. (closes: 418509)
  * Add blacklist boot param, disabling the load of specific modules inside
    the initramfs. Still needs to be passed via tmpfs to the rootfs.
  * mkinitramfs, scripts/functions: Fix regexes to always use posix character
    classes. Based on a patch by Meelis Roos <email address hidden>.
    (closes: 419062)

  [ David Härdeman ]
  * Add support for loading keymaps. (closes: 337663)
  * Move legacy code from mkinitramfs to separate hooks.
  * Ubuntu merge
    - Add PS3 module loading functionality without grep usage.
  * debian/copyright: Update authors info.
  * Bump standards version, no changes necessary.
  * debian/scripts: Print settings from initramfs.conf in reportbug script.

initramfs-tools (0.86) unstable; urgency=low

  * update-initramfs: Bound the mode and version variable. (closes: 403905)

  * init: Set once the MODPROBE_OPTIONS environment variable and export it.
    Don't forget to set -b to have the modprobe.d blacklists respected.
    Thus remove everywhere the -q modprobe switch.
    Thanks Ben Collins <email address hidden> for the suggestion.

  * small trailing whitespace cleanup, display full path of kernel-img.conf
    in bug script.

  * debian/control: Add busybox-initramfs as Ubuntu busybox alternative
    to depends. Drop the sarge busybox-cvs-static entry.

  * scripts/local-top/mdrun: Drop, existed for partial upgrades from sarge.

  * scripts/local: Improve panic message and printed order. (closes: 414640)
    Thanks <email address hidden> for patch.

  * scripts/functions: Check if panic is set before using it. (closes: 406107)
    Thanks martin f krafft <email address hidden> for report.

  * hook-functions: Copy all kernel/drivers/{block,ide,scsi} subdir modules
    instead of hardcoding the list of "supported" drivers. As consequence
    the initramfs might be larger, but none of those should be missed!
    As bonus syncs with Ubuntu.

  * init: Mount /sys and /proc nodev, noexec, nosuid - Ubuntu sync.

  * update-initramfs: If update-initramfs fails, restore the backup.
    Useful if a MINKVER set is not fulfilled. (LP: #101844)
    Thanks Soren Hansen <email address hidden> for patch.

  * initramfs-tools.preinst: Test if $RESUME is nonzero, not if it exists,
    fixes issue of UUID resume dev. (LP: #67932) While there remove the
    conffile mv handling of 0.61.

  * scripts/functions: set_initlist() needs to add only script names with
    alphabetics, numerics and underscores - skip any other. Bad enough
    backup scripts get added, but they shouldn't lead to a panic. Also skip
    directories that might lay around.  (closes: 398347) (LP: #76131)

  * initramfs-tools.8: Document valid script names.

  * mkinitramfs: Don't add backup scripts to initramfs. (closes: 378682)
    (LP: #78348)

  * scripts/functions: run_scripts() return immediately if passed dir
    does not exist. Empty dirs without boot script aren't created anymore.

  * debian/copyright: Update my email, add Ben Collins, update years,
    alphabetic authors sort + add new git tree location.

  * mkinitramfs: Set PATH with /sbin to allow non-root user usage.
    Thanks Bob Montgomery <email address hidden> for the suggestion.
    (closes: 409995)

initramfs-tools (0.85g) unstable; urgency=high

  * SECURITY scripts/functions: Set permission of created root dev in
    parse_numeric() to 600. This bug only affects lilo boots. Thanks
    Fabian Pietsch <email address hidden> and Goswin von Brederlow
    <email address hidden> for patch input. (closes: 417995)

  * debian/control: Change Uploaders email.

initramfs-tools (0.85f) unstable; urgency=high

  Release "Au lieu d'aller voter Casse leur la margoulette"

  * update-initramfs: Grub _doesn't_ clear LILO string in mbr, but the inverse
    is done. Fix mbr_check() to first check for GRUB. Fixes accidental lilo
    call in the case that Grub is the used bootloader. (closes: 409820)
    Thanks Michael Prokop <email address hidden> for bringing up the case.

  * initramfs.conf.5, mkinitramfs.5: Fix typos. Document version.
    (closes: 405157, 405190, 405194)

  * update-initramfs: Be more screamy about lilo error, people seem to
    overlook recent lilo failures.

  * scripts/init-top/framebuffer: Remove unused variables.

  * init: Export ROOTDELAY to let udev boot script handle eventual rootdelay.
    downgrades 401916

 -- Luke Yelavich <email address hidden>   Mon, 30 Jun 2008 15:54:36 +1000