You might be seeing the same problem as bug #525354. Possibly just
waiting a long time will result in the livecd finishing its boot.
As with that bug, would you be able to try using a recent daily live CD?
** Changed in: xserver-xorg-video-nouveau (Ubuntu)
Status: New => Incomplete
** Changed in: xserver-xorg-video-nouveau (Ubuntu)
Importance: Undecided => Medium
** Changed in: xserver-xorg-video-nouveau (Ubuntu)
Assignee: (unassigned) => Chris Halse Rogers (raof)
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Lucid Alpha3 live cd failing to boot properly, monitor powers off during boot.
https://bugs.launchpad.net/bugs/529563
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