First of all, could you make those pictures a little bigger? I don't think dial-up completely rendered them. 🙂
Second, I have seen rumors that Jaguar has more user-friendly kernel panics, but I cannot confirm that, since I do not have Jaguar.
Third, I do not want to see a kernel panic on my Mac ever. So far in OS X I have probably been lucky, and the OS hasn't F'ed up badly ever. (Can you say J!nx?)
But I am pretty sure that from other rumors Apple is trying to make the kernel panic more user friendly. Again, I have no idea what it is like, so I couldn't tell you anything else.
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Planning to retire the current signature.