Tested with latest upstream kernel: the problem is still there.

# uname -a
Linux yasna 3.11.0-031100rc1-generic #201307141935 SMP Sun Jul 14 23:36:57 UTC 
2013 x86_64 x86_64 x86_64 GNU/Linux
#
# kvm-ok 
INFO: /dev/kvm does not exist
HINT:   sudo modprobe kvm_amd
INFO: Your CPU supports KVM extensions
INFO: KVM (svm) is disabled by your BIOS
HINT: Enter your BIOS setup and enable Virtualization Technology (VT),
      and then hard poweroff/poweron your system
KVM acceleration can NOT be used

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https://bugs.launchpad.net/bugs/1201092

Title:
  Cannot load kvm_amd module - (says disabled by bios)

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