--- modules.orig	2004-08-17 16:22:55.820054840 -0500
+++ modules	2004-08-17 16:31:01.961150160 -0500
@@ -83,9 +83,23 @@
 	
 	if [ -z "${CDBOOT}" ]
 	then
-		ebegin "Calculating module dependencies"
-		/sbin/modules-update &>/dev/null
-		eend $? "Failed to calculate dependencies"
+		newerfiles="$(
+			for f in /etc/modules.d/*; do
+				if [ "$f" -nt /etc/modules.conf ] ; then
+					echo "$f"
+				fi
+			done
+		)"
+
+		if [ -z "$newerfiles" ]; then
+			
+			einfo "Module dependencies are up-to-date."
+		else
+		
+			ebegin "Calculating module dependencies"
+			/sbin/modules-update &>/dev/null
+			eend $? "Failed to calculate dependencies"
+		fi
 	fi
 
 	if [ -f /etc/modules.autoload -a ! -L /etc/modules.autoload ]