Confirmed here with a dual-core Pentium D with VT enabled. Confirmed also by various users on this thread: http://ubuntuforums.org/showthread.php?t=321521&page=2
Marking as confirmed, high importance, as it inhibits use of KVM enabled
Qemu.
** Changed in: kvm (Ubuntu)
Status: Unconfirmed => Confirmed
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kvm can't initialize due to old kvm kernel version
https://launchpad.net/bugs/80293
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