Following the advice from Jonathan Nieder I am sending this mail. There is a bug that can cause an infinite loop (stopping the system from booting) when the wakealarm field contains invalid data. In my case, I have four wildcards instead of a numerical year. I have posted the full boot log for kernel 3.2-rc7 in http://bugs.debian.org/cgi-bin/bugreport.cgi?bug=653331 .
http://bugs.debian.org/cgi-bin/bugreport.cgi?bug=646429 is now the primary report for this bug.
P. van Gaans
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