I found the same issue as Aldous D. PeƱaranda with a PCI card. The system would 
come up with GDM, but not log in (just stop loading before the desktop comes 
up, mouse pointer still movable).
Switching to a console and running top showed "iwlist" as taking over 90% CPU 
power. (Pressing ctrl-alt-f8 to see the boot messages had the last as starting 
DHCP server, although I don't know whether was just because it was the last 
task)
iwlist was not killable since trying to use sudo would hang the terminal, so I 
had to boot into recovery mode and move iwlist out of $PATH. After doing that 
Ubuntu booted fine (I have reinstalled since, so I may not be able to reproduce 
it)

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RT61 driver hangs net, if interface accessed while down
https://launchpad.net/bugs/48087

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