I think I am suffering from the same problem on my Thinkpad T61p. Pulseaudio is 
complaining with the same messages, but I have some additional problems, maybe 
related:
1.  S/PDIF (iec958) output has little (but annoying) clipping sound after each 
boot. solved by muting and unmuting in alsamixer.
2.  Whenever a KDE program like Kopete tries to output sound at the same time 
as another program (Flash in Chromium for example) a notification pops up: "The 
audio device Intel HDA [...] has failed [...]" and I have no sound in Kopete.
3.  Very irregularly I am unable to output any sound through S/PDIF output. 
I've checked *all* mixer settings with alsamixer and pulseaudio tools. Only 
switching to analogue gives me sound. After a reboot everything is working fine.

I am selecting the outputs from "Sound Preferences", in "Settings for
the selected device", "Profile:". When testing the speakers in there I
get no sound when issue (3.) occurs.

All worked well in Maverick, didn't have any of the above issues. Using
Ubuntu Natty in "Classic mode" (GNOME 2).

Could it be that thinkpad-acpi stuff might be involved in the cause of
all this?

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https://bugs.launchpad.net/bugs/773443

Title:
  [natty] pulseaudio stopped working on ThinkPad T61

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