Panic at the VM startup

loadFromBootClassArrayStarting JNode
VmSystem.initialize
00000000 05BA0000
int : 00000005 Error: 00000000 CR2 : 00000000 CR3 : 00001000
EIP : 00379DF3 CS : 0000001B FLAGS: 00203217
EAX : FFFFFFFF EBX : 0000FFFF ECX : 0245F700 EDX : FFFFFFFF
EBP : 00118EDC ESP : 00118EB4 EDI : 01C54610 ESI : FFFFFFFF
DS : 00000023 ES : 00000023 FS : 00000033 GS : 00000023
STACK: 00000000 00000000 00000000 00000000 00000000 FFFFFFFF
CODE : 8A 44 11 04 0F BE C0 89 45 E8 8B 45 10 89 C1 8B Real panic: int_die_halt!

This is under VMware 4. I have tried to start the system with only the cdrom or with just a cdrom and a hard drive, but nothing.

I have tried to rebuild the image after a clean checkout.