Hi there, I have the same Kernel panic on a Dell Studio XPS 13.
I tryied to launch the installation with the option "nouveau.blacklist=1" 
before "quiet plash --" (because it solved another problem on an other PC so i 
tried) and it seems to work for me (the installation is now in progress).
But maybe just a lucky shot :)

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https://bugs.launchpad.net/bugs/989677

Title:
  kernel panic with ubuntu 12.04 install

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