Errors running exported panel page from module

I have an exported panel page that I've put into hook_default_panel_pages(). When viewing the panel page, i get the following warning and no output.

warning: Invalid argument supplied for foreach() in /Users/rlopez/workspace/d6-multisite/public_html/sites/all/modules/contrib/panels/includes/plugins.inc on line 855.

I also get several repeated php errors in the watchdog logs.

The specialized Panels menu router rebuild failed. Some paths may not work correctly.

The same warning is mentioned in #299098 with different symptoms.

The menu router error is mentioned in #311192 and #293124 though they also dont seem to be the same problem.

For reference, here is my hook_default_panel_pages()

function mymodule_default_panel_pages() {
  $page = new stdClass();
  $page->pid = 'new';
    $page->pid = '1';
    $page->name = 'Home';
    $page->did = '1';
    $page->title = 'Home';
    $page->access = array();
    $page->path = 'home';
    $page->load_flags = 0;
    $page->css_id = '';
    $page->css = '';
    $page->arguments = array();
    $page->relationships = array();
    $page->no_blocks = '1';
    $page->switcher_options = array();
    $page->menu = '0';
    $page->menu_tab = '0';
    $page->menu_tab_weight = '0';
    $page->menu_title = '';
    $page->menu_tab_default = '0';
    $page->menu_tab_default_parent_type = 'tab';
    $page->menu_parent_title = '';
    $page->menu_parent_tab_weight = '0';
  $page->contexts = array();
  $display = new panels_display();
  $display->did = 'new';
  $display->layout = 'twocol_stacked';
  $display->layout_settings = NULL;
  $display->panel_settings = array(
    'style' => 'default',
    'style_settings' => 
    array(
    ),
    'individual' => 0,
    'panel' => 
    array(
      'top' => 
      array(
        'style' => -1,
      ),
      'left' => 
      array(
        'style' => -1,
      ),
      'right' => 
      array(
        'style' => -1,
      ),
      'bottom' => 
      array(
        'style' => -1,
      ),
    ),
  );
  $display->content = array();
  $display->panels = array();
    $pane = new stdClass();
      $pane->pid = 'new-1';
      $pane->panel = 'left';
      $pane->type = 'block';
      $pane->subtype = 'views-news_blog-block_1';
      $pane->access = array();
      $pane->configuration = array(
        'style' => 'default',
        'override_title' => 0,
        'override_title_text' => '',
        'css_id' => '',
        'css_class' => '',
        'module' => 'views',
        'delta' => 'news_blog-block_1',
        'block_visibility' => 0,
      );
    $display->content['new-1'] = $pane;
    $display->panels['left'][0] = 'new-1';
    $pane = new stdClass();
      $pane->pid = 'new-2';
      $pane->panel = 'right';
      $pane->type = 'block';
      $pane->subtype = 'photo_gallery-galleries';
      $pane->access = array();
      $pane->configuration = array(
        'style' => 'default',
        'override_title' => 0,
        'override_title_text' => '',
        'css_id' => '',
        'css_class' => '',
        'module' => 'photo_gallery',
        'delta' => 'galleries',
        'block_visibility' => 0,
      );
    $display->content['new-2'] = $pane;
    $display->panels['right'][0] = 'new-2';
    $pane = new stdClass();
      $pane->pid = 'new-3';
      $pane->panel = 'right';
      $pane->type = 'block';
      $pane->subtype = 'fans-0';
      $pane->access = array();
      $pane->configuration = array(
        'style' => 'default',
        'override_title' => 0,
        'override_title_text' => '',
        'css_id' => '',
        'css_class' => '',
        'module' => 'fans',
        'delta' => '0',
        'block_visibility' => 0,
      );
    $display->content['new-3'] = $pane;
    $display->panels['right'][1] = 'new-3';
    $pane = new stdClass();
      $pane->pid = 'new-4';
      $pane->panel = 'right';
      $pane->type = 'block';
      $pane->subtype = 'user-3';
      $pane->access = array();
      $pane->configuration = array(
        'style' => 'default',
        'override_title' => 0,
        'override_title_text' => '',
        'css_id' => '',
        'css_class' => '',
        'module' => 'user',
        'delta' => '3',
        'block_visibility' => 0,
        'block_settings' => 
        array(
          'user_block_seconds_online' => '900',
          'user_block_max_list_count' => '10',
        ),
      );
    $display->content['new-4'] = $pane;
    $display->panels['right'][2] = 'new-4';
  $page->display = $display;
  $page->displays = array();
  return $page;
}