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Drm panic provides different panic screens. The default is "user" which will display a simple friendly message telling the user to reboot the computer. But for kernel developers, you can also set it to "kmsg", to see the last kmsg lines (so this is equivalent to the current fbcon). You can select the panic screen in Kconfig, or as a module parameter (drm.panic_screen=user) or at runtime with "echo -n kmsg > /sys/module/drm/parameters/panic_screen"
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In other words, cat /sys/module/drm/parameters/panic_screen will show you what the current status is.