After more than four months of chasing my own tail on this problem, I had managed to fix up the JIT compiling to let the Kickstart boot using compiled code. (See disclaimer below...)

*Phew*, there were times when I thought I am not going to write this down ever in the blog. I was this >> << close to give it up on some days. Since the world hasn't ended in 2012, I realized I have to go on, there is no escape.