In my case, a seemingly plain-vanilla, straightforward upgrade from
Ubuntu 10.04 LTS on Ubuntu-supported hardware (leo1 from System76) to
Ubuntu 12.04 resulted in an inability to boot into anything more than
GRUB, and also (once the system was booted) no DNS.

I detail my successful fix, and the process getting there, here:
http://chrismbalz.typepad.com/computerburn/2012/05/rough-upgrade-from-
ubuntu-1004-lts-to-1204-lts.html

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https://bugs.launchpad.net/bugs/980917

Title:
  Failed to create pty - disabling logging for job

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