It's also bad from the standpoint that it's an anachronistic dump-to-the-screen style KP, which is virtually unknown today. In the rare event of a KP in modern versions of OS X, you get the attractive, translucent grey box on your screen saying that you must restart your computer, printed in multiple languages. The appearance of the text dump hints that it's an even more serious issue because the system can't even give you the relatively graceful KP.
What version of OS X are you running? If you're on a really old version like 10.1, what I wrote in the previous paragraph doesn't apply.