Originally posted by: jayvenk
Many things comes out of the churning .. the Poison is just one of them
Poison didn't come from the churning. Vasuki, the 1000 headed snake, was used as the tug of war rope used to churn the mountain. As a result of his panting, a lot of his poison came out and made the devas & asuras both choke. That's where Neelkantha's role came in.
Lakshmi was one of the last things to come out, and she straight away garlanded Vishnu and married him.
But Bali couldn't have been the asura ruler then, since this happened in Kurma avatar. Then came Varaha avatar, which saw Hiranyaksha being killed, then Narasimha which saw Hiranyakashipu getting killed. Then came Prahlad, Virochan and then Bali.
Oh, one more thing. Hiranyakashipu was the maternal grandfather of Shukracharya, so that would beg the question of how has Shukracharya been among the asuras this long? He certainly couldn't have been the guru to either Tarakasura or Vidyunmali or any of the other asuras shows so far. His role seems to start in the treta yuga.