*** Bug 661339 has been marked as a duplicate of this bug. ***

1. reproduced and hit same issue,VM is always stuck on trying to PXE boot

# alternatives --config qemu-pxe-roms

There are 2 programs which provide 'qemu-pxe-roms'.

  Selection    Command
-----------------------------------------------
*  1           /usr/share/etherboot
 + 2           /usr/share/gpxe

Enter to keep the current selection[+], or type selection number: 2


# rpm -qa|grep kvm
kvm-debuginfo-83-164.el5_5.26
etherboot-zroms-kvm-5.4.4-13.el5
kvm-tools-83-164.el5_5.26
kvm-83-164.el5_5.26
kvm-qemu-img-83-164.el5_5.26
kmod-kvm-83-164.el5_5.26
 
# uname -r
2.6.18-194.30.1.el5

2.verified and did not hit, guest boot from hard disk when choose boot from hard disk

# alternatives --config qemu-pxe-roms

There are 2 programs which provide 'qemu-pxe-roms'.

  Selection    Command
-----------------------------------------------
*  1           /usr/share/etherboot
 + 2           /usr/share/gpxe

Enter to keep the current selection[+], or type selection number: 2


#/usr/libexec/qemu-kvm -no-hpet -usbdevice tablet -rtc-td-hack -startdate now -name RHEL5u5 -smp 2 -m 4G -boot nc -drive file=/root/Desktop/test-installation-via-net.qcow2,media=disk,if=ide,cache=none,format=qcow2,werror=stop -vnc :18 -cpu qemu64 -M rhel5.5.0 -notify all -balloon none -monitor stdio

# rpm -qa|grep kvm
kvm-qemu-img-83-164.el5_5.29
etherboot-zroms-kvm-5.4.4-13.el5
kmod-kvm-83-164.el5_5.29
kvm-tools-83-164.el5_5.29
kvm-83-164.el5_5.29
kvm-debuginfo-83-164.el5_5.29

# uname -r
2.6.18-194.30.1.el5

3. And if set boot seq. as cn, guest can boot from hard disk correctly.

An advisory has been issued which should help the problem
described in this bug report. This report is therefore being
closed with a resolution of ERRATA. For more information
on therefore solution and/or where to find the updated files,
please follow the link below. You may reopen this bug report
if the solution does not work for you.

http://rhn.redhat.com/errata/RHSA-2010-0998.html