Hi floaterball, and welocme to wattOS forums.
Great find cheiron. If I were you floaterball, I would give it a try! I am not very familiar with initramfs, but it looked ok and what choice do you have other than to give it a go. Plus, there are comments from peopIe there that said that they have had success with solving their problems. I hope you have a backup of important stuff.
Do you have any clue about what could have caused this situation floaterball? Do you remember what you did just prior to when this happened?