The system crashes trying to mount a reiserfs partition, and show's a Kernel Panic message. This is because the genkernel compile ReiserFS like a module and the initrd doesn't pre-load the ReiserFS module making the system unable to load the reiserfs partitions. The 39294 bug probably is the same problem Reproducible: Always Steps to Reproduce: 1. 2. 3.
use --menuconfig and compile reiserfs into your kernel. genkernel has no way of knowing it needs to load a filesystem module for you.
