I'm having the same error on the same model laptop.
I dropped to console 1 and got some output.
===============
output of lshw -C display
*-display UNCLAIMED
description: VGA compatible controller
product: GeForce 7000M (rev a2)
vendor: nVidia Corporation
physical id: 12
bus info: [EMAIL PROTECTED]:00:12.0
version: a2
width: 64 bits
clock: 66MHz
capabilities: pm msi bus_master cap_list
configuration: latency=0
===============
** Attachment added: "Here's the Xorg log file that it generated upon failure
to detect a display"
http://launchpadlibrarian.net/18763699/Xorg.0.log
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Cannot start or configure video driver on live CD: Presario F700 using NVIDIA
GeForce 7000M
https://bugs.launchpad.net/bugs/279782
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