hang due to console driver

Hi all,
I faced a problem in the kernel module I am working on.
The context of the problem is..
There are two kernel threads running in the system. One
thread is printing a message on the console using printk every 100 milli seconds. And the other thread at some time faces some error and tries to print the error and gets hung. It remains in the hung state until I change the log levels to disallow printing on the serial console.

I artificially created a panic and found following stack trace.

[<c01c6920>] serial_console_write [kernel] 0x0 (0xedf0ddc4) [<c01c0739>] serial_in [kernel] 0x19 (0xedf0dde8) [<c01c69a0>] serial_console_write [kernel] 0x80 (0xedf0ddf8) [<c0128473>] __call_console_drivers [kernel] 0x63 (0xedf0de20) [<c0128596>] call_console_drivers [kernel] 0x86 (0xedf0de3c) [<c0128975>] release_console_sem [kernel] 0x55 (0xedf0de60) [<c0128893>] printk [kernel] 0x143 (0xedf0de74) [<f98fecf2>] .rodata.str1.32 [vxio] 0x4ce72 (0xedf0de80) [<f9830979>] ack_timeout [vxio] 0xc9 (0xedf0de94)

ack_timeout is a function in my module which calls printk. and gets hung.

So I am not able to find out the reason for this hang. The apparent
culprit is the second thread which is continuously printing some messages. The implementation of printk is such that if the console semaphore is held by someone, printk issued by other threads simply writes the data in the log buffer and returns. It is the responsibility of the console semaphore holder to print these messages before it releases the lock.
So the only plausible reason I can find is deadlock for the log
buffer.

Has anyone faced this problem before ? I will be greatly thankful if
someone has something to say about this problem.

Since I am not a subscribed member I wish to be personally CC'ed the answers/comments posted to the list in response to my mail

Thanks
Anand