Booting anaconda-11.4.1.32 with 'ksdevice=link' on the commandline causes anaconda to traceback just after starting X. The installer exits, so I can't get the anacdump.txt file, but here's the traceback:

Traceback (most recent call last):
  File "/usr/bin/anaconda", line 913, in <module>
    anaconda.id = instClass.installDataClass(anaconda, extraModules, opts.display_mode, anaconda.backend)
  File "/usr/lib/anaconda/instdata.py", line 291, in __init__
    self.reset()
  File "/usr/lib/anaconda/instdata.py", line 64, in reset
    self.network = network.Network()
  File "/usr/lib/anaconda/network.py", line 342, in __init__
    self.netdevices[self.firstnetdevice].set(("onboot", "yes"))
KeyError: 'link'

I assume this means that self.firstnetdevice is set to 'link'. I'm not sure how it passed this check in Network.available():

        if ksdevice and self.netdevices.get(ksdevice) != '':
            self.firstnetdevice = ksdevice

but I guess 'link' will have to be handled as a special case there.