I think I am seeing the same bug, although my hardware is different:
ubu...@ubuntu:~$ aplay -l
**** List of PLAYBACK Hardware Devices ****
card 0: Intel [HDA Intel], device 0: ALC262 Analog [ALC262 Analog]
Subdevices: 1/1
Subdevice #0: subdevice #0
** Changed in: linux (Ubuntu)
Status: New => Confirmed
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[ALC269] Intel HDA No Sound on Ubuntu Lucid Daily Build (5-Apr) LiveUSB
https://bugs.launchpad.net/bugs/555884
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