The problem was that the cursor was in the list being walked, and when
the pointer pointed to the cursor the list_del/list_add_tail pair would
oops trying to find the entry pointed to by the prev pointer of the
deleted cursor element.

The solution I found was to move the list_del earlier, before the
beginning of the list walk. since it is not used during the list walk and
should not count in the list enumeration it can be deleted, then the
list pointer cannot point to it so it can be added safely with the
list_add_tail without oopsing, and everything works as expected.

I am unable to oops this version with any of my test programs. 

Patch acked by Al Viro.