Hi Todd,
I think I may have had the same problem on a 64bit system.
The computer seems to freeze at boot, while the "starting udev" message is
displayed.
The problem was not related to hardware in the machine, it was related to an
incorrectly configured NIC. I edited the configuration file
/etc/sysconfig/network-scripts/ifcfg-eth0. In my case it was due to an
incorrect hardware address and the BOOTP directive.
I hope this information can help you further diagnose the problem.
Best wishes,
Ian