So couple of days ago I gave it another shot with a 10.9 myHack USB stick and it worked!
All I had to do is to boot with PCIRootUID=1. Same flag was useless with 10.6, 10.7, and 10.8 installations.
The machine booted and OS X installed just fine. Except for CI/QE which don't work still. No graphic acceleration.
The GPU is nVidia GeForce 310m with 512MB of VRAM
Any clues on how to get CI/QE work ?