according to the Ubuntu 10.10 Release notes, this is currently broken
and only shows text :-(
"The logo will not display during boot when using the Nvidia
proprietary driver. (653274) "
Well, this is also happening with the ATI proprietary driver and not
only with the Nvidia proprietary driver.
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Ubuntu splashscreen big and ugly after installing ATI/nVidia proprietary
graphics driver
https://bugs.launchpad.net/bugs/563878
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