I couldn't get Jeremy's rebase/master branch (pvops dom 0 kernel 2.6.31) to work despite disabling all of USB support in the kernel. I will troubleshoot this issue with the serial console enabled another time.
Meanwhile, I got Linus' mainline kernel 2.6.31 to work on my system. So apparently the dom 0 patched kernel 2.6.31 has some issues or I did not configure it properly.