You're still able to run the same vm by hand (as was the case in comment #3)?
What sort of host are you running on?
If you add '-L /usr/share/qemu', to your command line, does that help?
If instead of building your own kernel, you download a cdimage like http://cdimages.ubuntu.com/ubuntu-server/daily/current/utopic-server-powerpc.iso, and boot that, does that work for you?
You're still able to run the same vm by hand (as was the case in comment #3)?
What sort of host are you running on?
If you add '-L /usr/share/qemu', to your command line, does that help?
If instead of building your own kernel, you download a cdimage like http:// cdimages. ubuntu. com/ubuntu- server/ daily/current/ utopic- server- powerpc. iso, and boot that, does that work for you?