I have this exact same problem with the exact same board with a clean
install of 12.10 32 bit except that only the Ubiquity reboot fails to
work.  Normal reboot/shutdown works OK. None of the fixes here allowed
me to use the ethernet card on this board.  The warning message in
/var/logs/syslog is also the same:

ACPI Warning: 0x0000000000000700-0x000000000000073f SystemIO conflicts
with Region \_SB_.PCI0.SM00 1 (20120320/utaddress-251)

The motherboard came with version 1.7 BIOS which I hopefully upgraded to
1.8, which also failed.  I then downgraded to V 1.6 for the BIOS and
found that the ethernet card was working perfectly.  The flash BIOS
files can be downloaded from ASRock here
http://www.asrock.com/mb/download.asp?Model=N68-VS3%20FX&o=BIOS

This combined with the alternate workaround for the later kernel allowed
Ubuntu to recognise the ethernet card and use it.  I then performed all
(244) updates which included an upgrade from kernel 3.5.0-17 to
3.5.0-21.

After re-booting, I found that the system is broken again and will no
longer recognise the ethernet card.  I tried the first two work arounds
again but nothing is working.  There are no ACPI settings in BIOS that
might help, and as stated the acpi= type adjustments in grub boot do not
help at all.

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https://bugs.launchpad.net/bugs/1003297

Title:
  Networking and ACPI conflicts

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