100% reproducable. It hangs on "Unmounting file systems" message.
2.4.4-6mdk boots (and reboots :-) perfectly. The list of filesystems I have:
(ttypts/1)% cat /proc/mounts
/dev/root / reiserfs rw 0 0
/proc /proc proc rw 0 0
none /dev/pts devpts rw 0 0
/dev/hdb7 /mnt/hdb7 reiserfs rw 0 0
/mnt/cdrom /mnt/cdrom supermount rw 0 0
/mnt/cdrom2 /mnt/cdrom2 supermount rw 0 0
/mnt/floppy /mnt/floppy supermount rw 0 0
/dev/hda1 /mnt/win_c vfat rw,nosuid,nodev 0 0
/dev/hda5 /mnt/win_d vfat rw,nosuid,nodev 0 0
/proc/bus/usb /proc/bus/usb usbdevfs rw 0 0
-andrej
