After upgrading my kernel from 2.6.30.10 to the most recent 2.6.35.7 on my
Intel core 2 duo machine, when I try to run any OpenGL based application like 'glxgears', machine hangs.
I get the following message in the Syslog file:

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Oct  8 10:07:11 royl kernel: [   32.722828] [drm] Initialized i915 1.6.0 20080730 for 0000:00:02.0 on minor 0
Oct  8 10:13:46 royl kernel: [  427.007193] BUG: unable to handle kernel NULL pointer dereference at (null)
Oct  8 10:13:46 royl kernel: [  427.007198] IP: [<(null)>] (null)
Oct  8 10:13:46 royl kernel: [  427.007201] *pde = 00000000 
Oct  8 10:13:46 royl kernel: [  427.007203] Oops: 0000 [#1] SMP 
Oct  8 10:13:46 royl kernel: [  427.007206] last sysfs file: /sys/class/dmi/id/chassis_asset_tag
Oct  8 10:13:46 royl kernel: [  427.007209] Modules linked in: i915 drm_kms_helper drm fb fbdev i2c_algo_bit cfbcopyarea i2c_core video backlight output cfbimgblt cfbfillrect acpi_cpufreq cpufreq_userspace cpufreq_stats cpufreq_powersave cpufreq_conservative ipt_LOG xt_tcpudp iptable_filter ip_tables x_tables dm_snapshot dm_mirror dm_region_hash dm_log dm_mod ahci libahci smsc47b397 coretemp mperf hp_wmi rfkill serio_raw wmi intel_agp pata_acpi ide_pci_generic ide_core e1000e [last unloaded: acpi_cpufreq]
Oct  8 10:13:46 royl kernel: [  427.007239] 
Oct  8 10:13:46 royl kernel: [  427.007242] Pid: 5128, comm: glxgears Not tainted 2.6.35.7 #1 0AACh/HP Compaq dc7800 Convertible Minitower
Oct  8 10:13:46 royl kernel: [  427.007245] EIP: 0060:[<00000000>] EFLAGS: 00210286 CPU: 0
Oct  8 10:13:46 royl kernel: [  427.007248] EAX: f640a800 EBX: f640a800 ECX: f721a014 EDX: f721a014
Oct  8 10:13:46 royl kernel: [  427.007250] ESI: f721a000 EDI: f6b007a0 EBP: f640a814 ESP: ef393e5c
Oct  8 10:13:46 royl kernel: [  427.007253]  DS: 007b ES: 007b FS: 00d8 GS: 00e0 SS: 0068
Oct  8 10:13:46 royl kernel: [  427.007255] Process glxgears (pid: 5128, ti=ef392000 task=f72d3c00 task.ti=ef392000)
Oct  8 10:13:46 royl kernel: [  427.007257] Stack:
Oct  8 10:13:46 royl kernel: [  427.007259]  f862b209 f86138dc ef393e9c c025e6ef 00000044 f8639dd8 ef358940 c0046444
Oct  8 10:13:46 royl kernel: [  427.007264] <0> f835866e ef393e9c f6db60d8 bffb3880 ef358940 f640a800 f861377c f640a82c
Oct  8 10:13:46 royl kernel: [  427.007269] <0> bffb387c 000000c3 f6db618c f6db60d8 f6db60d8 c0166431 c2bdb220 c01669f9
Oct  8 10:13:46 royl kernel: [  427.007275] Call Trace:
Oct  8 10:13:46 royl kernel: [  427.007277]  [<f862b209>] ? 0xf862b209
Oct  8 10:13:46 royl kernel: [  427.007280]  [<f86138dc>] ? 0xf86138dc
Oct  8 10:13:46 royl kernel: [  427.007282]  [<c025e6ef>] ? 0xc025e6ef
Oct  8 10:13:46 royl kernel: [  427.007284]  [<f835866e>] ? 0xf835866e
Oct  8 10:13:46 royl kernel: [  427.007286]  [<f861377c>] ? 0xf861377c
Oct  8 10:13:46 royl kernel: [  427.007288]  [<c0166431>] ? 0xc0166431
Oct  8 10:13:46 royl kernel: [  427.007290]  [<c01669f9>] ? 0xc01669f9
Oct  8 10:13:46 royl kernel: [  427.007292]  [<c011f7dc>] ? 0xc011f7dc
Oct  8 10:13:46 royl kernel: [  427.007294]  [<c011f68d>] ? 0xc011f68d
Oct  8 10:13:46 royl kernel: [  427.007295]  [<c011f699>] ? 0xc011f699
Oct  8 10:13:46 royl kernel: [  427.007297]  [<c0175983>] ? 0xc0175983
Oct  8 10:13:46 royl kernel: [  427.007300]  [<f835842a>] ? 0xf835842a
Oct  8 10:13:46 royl kernel: [  427.007302]  [<c019521a>] ? 0xc019521a
Oct  8 10:13:46 royl kernel: [  427.007304]  [<c01957a4>] ? 0xc01957a4
Oct  8 10:13:46 royl kernel: [  427.007305]  [<c01221bd>] ? 0xc01221bd
Oct  8 10:13:46 royl kernel: [  427.007307]  [<c0120332>] ? 0xc0120332
Oct  8 10:13:46 royl kernel: [  427.007309]  [<c03f9320>] ? 0xc03f9320
Oct  8 10:13:46 royl kernel: [  427.007311]  [<c0195801>] ? 0xc0195801
Oct  8 10:13:46 royl kernel: [  427.007313]  [<c010289f>] ? 0xc010289f
Oct  8 10:13:46 royl kernel: [  427.007315] Code:  Bad EIP value.
Oct  8 10:13:46 royl kernel: [  427.007319] EIP: [<00000000>]  SS:ESP 0068:ef393e5c
Oct  8 10:13:46 royl kernel: [  427.007321] CR2: 0000000000000000
Oct  8 10:13:46 royl kernel: [  427.007324] ---[ end trace d4d1fe4a90347aac ]---
Oct  8 10:14:41 royl kernel: [  482.316109] SysRq : Emergency Sync
--------------------------

For your reference, I am also attaching the kernel Configuration file.