Comment 28 for bug 510571

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Perryg (phalbert) wrote : Re: Latest -11 kernel won't boot, -10 works, Lucid

Looks, like this is going to be fixed in the next release (VirtualBox Version 3.1.4)
Release 3.1.4-B2 already has it and fixes this problem in the software virtualization version (32 bit) but is not recommended in production environments.