Workaround: appending rootdelay=10 onto the kernel's GRUB options solved the problem for me. I guess the VFS partition isn't available early enough in the boot sequence for the *-16 kernel.
(ESC during bootup, press 'e' on *-16 kernel, press 'e' on "kernel..." line, append 'rootdelay=10' to kernel options, 'ENTER', then 'b')
Workaround: appending rootdelay=10 onto the kernel's GRUB options solved the problem for me. I guess the VFS partition isn't available early enough in the boot sequence for the *-16 kernel.
(ESC during bootup, press 'e' on *-16 kernel, press 'e' on "kernel..." line, append 'rootdelay=10' to kernel options, 'ENTER', then 'b')