this happend with 2.4.5-ac9 with serial console on i386.
    Unable to handle kernel NULL pointer dereference0x02f8 (irq = 3) at virtual address 00000004
    Oops: 0000
    >>EIP; c01967c7 <poke_blanked_console+1b/5c>   <=====
Sounds like this should help:
--- console.c~  Fri Feb  9 20:30:22 2001
+++ console.c   Thu Jun  7 16:28:59 2001
@@ -2684,7 +2684,7 @@
 void poke_blanked_console(void)
 {
        del_timer(&console_timer);      /* Can't use _sync here: called from tasklet */
-       if (vt_cons[fg_console]->vc_mode == KD_GRAPHICS)
+       if (!vt_cons[fg_console] || vt_cons[fg_console]->vc_mode == KD_GRAPHICS)
                return;
        if (console_blanked) {
                console_timer.function = unblank_screen_t;
Andries
-
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