Cant login : Grey screen and then login screen again

[rohan-04]

Hey, I have a really strange problem with my hackintosh. I've recently updated to 10.7.2, and I am unable to login. After I enter my password the screen turns blank and then returns to the login screen with a black spinning circle. I can however login under safe mode.
The system ran really smoothly in 10.7.1. I've tried repairing the disk permissions and the verifying the disk

Thank You,
Rohan

 

[guitfiddle]

I'm having the same issue with 10.8.2. Did you ever find a fix?