Comment 31 for bug 264104

 Alexander Sack, I tried to remove each parameter and check what happens. I saw that complete line with hwcrypto on this page earlier and just copypaste it. However, without hwcrypto wifi works as well, but when I removed debug option - device became unmanaged again :-\

so now my working config is:
options ipw2200 associate=0 debug=0x43fff