Hi, I'm having a similar problem. I'm using kubntu 7.10 and I used the "update" instructions to get KDE 4 along KDE3 in the Kubuntu page, and it was all a mess because after doing it, updating using Adept and rebooting, I wasn't unable to open a session after a reboot, cause it seems to be that KDM4 wasn't working well. I uninstalled KDE4 and everything related, restored my KDE 3, and again tried to install KDE4, only that using the KDM ( from kde 3) this time, and it seems to work fine, but my taskbar (Seems to be named "kicker", sorry, I'm newbe) is missing! When I used this new kde4 before I restarted my machine before all the mess, I saw a black toolbar that got corrupted when I tried to change it's size. Now it doesn't seems to be anywhere. I launched "kicker" and now it has appeared the KDE 3 toolbar, and now my desktop seems to be a kind of hybrid... I'm just trying this "new" Kde, so I wold like to see how it behaves being the most "pure" as possible...
Anyway, it runs exasperatingly slow in comparison with KDE3 (even turning off the animations), I don't even know if it's really using the graphic accelerator "restricted" driver it's supposed to be using, an now this stuff of the toolbar...