[Bug 936667] Re: init(4): no available ptys stops boot

[James Hunt]

Sounds like this might be a "chicken-and-egg" issue where Upstart wants
a pty, but pty support isn't yet available (/dev/pts not mounted) as the
mountall job hasn't yet run. This being a side-effect of having no
initramfs since /dev/pts is normally mounted from there.

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https://bugs.launchpad.net/bugs/936667

Title:
  init(4): no available ptys stops boot

Status in “upstart” package in Ubuntu:
  Confirmed

Bug description:
  When booting 12.04 after a recent update, I see "init(4): no available
  ptys" being displayed faster than a machine gun. When I add --no-log
  as a kernel option and I'm able to boot just fine.

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