I am using a 4K monitor (Dell P2415Q an SST Display) so I thought to hook up a 1080p LCD to the DVI of the GT120 and was able to get logged in once I cleared the boot arguments. It was on the native driver at that point. I was able to set it back to the web driver again and still got in ok. So something up with the 4K display for sure. I have it connected to the mDP and it is not even detected (even though I get the grey boot screen on it with the DVI disconnected).Reset your PRAM, that should do it.
EDIT: I seem to remember reading that the GT120 was not supported by the web drivers.
Reset PRAM a few times but that didn't help, incidentally does that force OS X to use the native driver?
Going to proceed with the update and the update the drivers, swap back in the 980Ti and see if I get to desktop on the 4K