asoundconf crashed when setting card/no sound

Binary package hint: alsa-utils

Unable to set a sound card or get sound after update to the new kernel on ibex

"#:~$ asoundconf set-default-card m2496
Traceback (most recent call last):
  File "/usr/bin/asoundconf", line 430, in <module>
    exit_code(set_default_card(sys.argv[2]))
  File "/usr/bin/asoundconf", line 348, in set_default_card
    (j, k) = sep.split(i)
ValueError: need more than 1 value to unpack"

ProblemType: Crash
Architecture: i386
DistroRelease: Ubuntu 8.10
ExecutablePath: /usr/bin/asoundconf
InterpreterPath: /usr/bin/python2.5
NonfreeKernelModules: nvidia
Package: alsa-utils 1.0.17-0ubuntu1
ProcAttrCurrent: unconfined
ProcCmdline: /usr/bin/python /usr/bin/asoundconf set-default-card M2496
ProcEnviron:
 PATH=/usr/local/sbin:/usr/local/bin:/usr/sbin:/usr/bin:/sbin:/bin:/usr/games
 LANG=en_CA.UTF-8
 SHELL=/bin/bash
PythonArgs: ['/usr/bin/asoundconf', 'set-default-card', 'M2496']
SourcePackage: alsa-utils
Title: asoundconf crashed with ValueError in set_default_card()
Uname: Linux 2.6.27-4-generic i686
UserGroups: adm admin audio cdrom dialout dip floppy fuse lpadmin plugdev video