I had the same problem on feisty today seems the same bug as https://launchpad.net/ubuntu/+source/console-data/+bug/69559 which I fixed in /etc/init.d/usplash . I'm using kubuntu here too.
-- Fonts do not get set when one boots using usplash https://launchpad.net/bugs/87031 -- ubuntu-bugs mailing list ubuntu-bugs@lists.ubuntu.com https://lists.ubuntu.com/mailman/listinfo/ubuntu-bugs