This just happened to me on Precise with this kernel, so it looks like the fix for Natty & Oneiric needs to be applied to Precise also.
Linux thinkpad 3.2.0-30-generic #48-Ubuntu SMP Fri Aug 24 16:52:48 UTC 2012 x86_64 x86_64 x86_64 GNU/Linux
Removing the sdhci_pci & sdhci modules and re-loading them fixed the issued.
This just happened to me on Precise with this kernel, so it looks like the fix for Natty & Oneiric needs to be applied to Precise also.
Linux thinkpad 3.2.0-30-generic #48-Ubuntu SMP Fri Aug 24 16:52:48 UTC 2012 x86_64 x86_64 x86_64 GNU/Linux
Removing the sdhci_pci & sdhci modules and re-loading them fixed the issued.
[262622.993708] ------------[ cut here ]------------ buildd/ linux-3. 2.0/drivers/ mmc/host/ sdhci.c: 959 sdhci_send_ command+ 0x1f3/0x240 [sdhci]() codec_conexant mac80211 snd_seq_midi thinkpad_acpi snd_rawmidi psmouse snd_seq_midi_event serio_raw snd_seq cfg80211 snd_hda_intel i7core_edac edac_core snd_hda_codec snd_hwdep snd_seq_device snd_pcm snd_timer snd nvram tpm_tis soundcore snd_page_alloc wmi mac_hid lp parport vesafb firewire_ohci e1000e firewire_core sdhci_pci crc_itu_t sdhci video [last unloaded: iwlwifi] d7f>] warn_slowpath_ common+ 0x7f/0xc0 dda>] warn_slowpath_ null+0x1a/ 0x20 6e3>] sdhci_send_ command+ 0x1f3/0x240 [sdhci] 804>] sdhci_finish_ data+0xd4/ 0x150 [sdhci] cdf>] sdhci_data_ irq+0x14f/ 0x220 [sdhci] f4f>] sdhci_irq+ 0x19f/0x260 [sdhci] a85>] handle_ irq_event_ percpu+ 0x55/0x210 c91>] handle_ irq_event+ 0x51/0x80 cba>] handle_ fasteoi_ irq+0x6a/ 0x110 282>] handle_ irq+0x22/ 0x40 51a>] do_IRQ+0x5a/0xe0 8ae>] common_ interrupt+ 0x6e/0x6e 3fc>] ? jbd2__journal_ start+0x8c/ 0x110 9c3>] ? find_get_ page+0x13/ 0x90 a6a>] find_lock_ page+0x2a/ 0x80 cc9>] grab_cache_ page_write_ begin+0x49/ 0xe0 cc0>] ext4_da_ write_begin+ 0xa0/0x210 7ad>] ? copy_user_ generic_ string+ 0x2d/0x40 2da>] generic_ perform_ write+0xca/ 0x210 940>] ? ext4_dirty_ inode+0x50/ 0x60 47d>] generic_ file_buffered_ write+0x5d/ 0x90 e99>] __generic_ file_aio_ write+0x229/ 0x440 122>] generic_ file_aio_ write+0x72/ 0xe0 04f>] ext4_file_ write+0xbf/ 0x260 7a6>] ? futex_wait+ 0x146/0x210 7d2>] ? ttwu_queue+ 0x92/0xd0 60a>] do_sync_ write+0xda/ 0x120 a98>] ? apparmor_ file_permission +0x18/0x20 22c>] ? security_ file_permission +0x2c/0xb0 bb1>] ? rw_verify_ area+0x61/ 0xf0 f13>] vfs_write+ 0xb3/0x180 23a>] sys_write+0x4a/0x90 a02>] system_ call_fastpath+ 0x16/0x1b
[262622.993721] WARNING: at /build/
[262622.993726] Hardware name: 4318CTO
[262622.993728] Modules linked in: mmc_block iwlwifi hid_microsoft usbhid hid pci_stub vboxpci(O) vboxnetadp(O) vboxnetflt(O) vboxdrv(O) ip6table_filter ip6_tables dm_crypt ebtable_nat ebtables ipt_MASQUERADE iptable_nat nf_nat nf_conntrack_ipv4 nf_defrag_ipv4 xt_state nf_conntrack ipt_REJECT xt_CHECKSUM iptable_mangle xt_tcpudp iptable_filter ip_tables x_tables joydev bridge stp kvm_intel kvm bnep rfcomm parport_pc ppdev btusb bluetooth snd_hda_codec_hdmi nvidia(P) arc4 mxm_wmi uvcvideo videodev v4l2_compat_ioctl32 snd_hda_
[262622.993815] Pid: 1075, comm: rs:main Q:Reg Tainted: P W O 3.2.0-30-generic #48-Ubuntu
[262622.993818] Call Trace:
[262622.993820] <IRQ> [<ffffffff81066
[262622.993832] [<ffffffff81066
[262622.993841] [<ffffffffa000e
[262622.993850] [<ffffffffa000e
[262622.993858] [<ffffffffa000e
[262622.993867] [<ffffffffa000e
[262622.993872] [<ffffffff810d8
[262622.993878] [<ffffffff810d8
[262622.993883] [<ffffffff810db
[262622.993888] [<ffffffff81015
[262622.993894] [<ffffffff81665
[262622.993898] [<ffffffff8165a
[262622.993901] <EOI> [<ffffffff8125e
[262622.993912] [<ffffffff81117
[262622.993917] [<ffffffff81117
[262622.993923] [<ffffffff81117
[262622.993929] [<ffffffff81217
[262622.993935] [<ffffffff81317
[262622.993941] [<ffffffff81117
[262622.993946] [<ffffffff8121b
[262622.993952] [<ffffffff81117
[262622.993958] [<ffffffff81118
[262622.993964] [<ffffffff81119
[262622.993970] [<ffffffff81211
[262622.993975] [<ffffffff8109e
[262622.993980] [<ffffffff81052
[262622.993985] [<ffffffff81177
[262622.993991] [<ffffffff812d7
[262622.993996] [<ffffffff8129d
[262622.994002] [<ffffffff81177
[262622.994006] [<ffffffff81177
[262622.994011] [<ffffffff81178
[262622.994016] [<ffffffff81662
[262622.994020] ---[ end trace 4ad1749dd61c6485 ]---
[262622.994098] mmc0: Got command interrupt 0x00010000 even though no command operation was in progress.
[262622.994352] mmcblk0: error -110 sending status command, retrying
[262622.994530] mmcblk0: error -110 sending status command, retrying
[262622.994632] mmcblk0: error -110 sending status command, aborting
[262622.994638] end_request: I/O error, dev mmcblk0, sector 56