I had experienced this problem (system becomes hardlocked during heavy
network transfer) on Toshiba Satellite L4 laptop in Jaunty and Karmic.
Later it turned out there was a hardware fault in one of on-board
inverters. Just have my motherboard replaced and the issue disappeared
completely! No more system hardlocks, neither error messages in system
logs for several days.

Conclusion: while reporting software failure one has to be cautious
about the conditions of hardware. It even worth it to ask a specialist
when possible. These faults are not easily identifiable, and
manifestation can be contr-intuitive.

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Heavy network activity (eg: torrent/nfs file transfers) causes Hard System 
Locks and/or Network Freezes.
https://bugs.launchpad.net/bugs/147464
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