Just updated to Kernel 3.12.1, and VMware 10.0.1 and NVIDIA 331.20 (and 319.72) all compile OK (with the kernel.org compiled Kernel)

More details here:   https://www.kernel.org/pub/linux/kernel/v3.x/ChangeLog-3.12.1

FYI..  I have been running compiled kernels – from kernel.org – on all my Linux systems, since around 1998..

Robert Gadsdon.   November 21, 2013.