These are the packages that I would merge, in order:

Calculating dependencies   * Please upgrade your package (libpng-1.2.7) to use toolchain-funcs.eclass
 * Please upgrade your package (libpng-1.2.7-r1) to use toolchain-funcs.eclass
 * Please upgrade your package (bash-3.0-r8) to use toolchain-funcs.eclass
 * Please upgrade your package (bash-3.0-r7) to use toolchain-funcs.eclass
 * Please upgrade your package (openssl-0.9.7d-r1) to use toolchain-funcs.eclass
 * Please upgrade your package (openssl-0.9.7d) to use toolchain-funcs.eclass
 * Please upgrade your package (pax-utils-0.0.4) to use toolchain-funcs.eclass
. * Please upgrade your package (rpm2targz-9.0) to use toolchain-funcs.eclass
 * Please upgrade your package (rpm2targz-9.0-r1) to use toolchain-funcs.eclass
 * Please upgrade your package (rpm2targz-8.0) to use toolchain-funcs.eclass
 * Please upgrade your package (smpeg-0.4.4-r4) to use toolchain-funcs.eclass
 ...done!
[blocks B     ] dev-ruby/rexml (is blocking dev-lang/ruby-1.8.3)
[blocks B     ] <app-text/xpdf-3.01-r4 (is blocking app-text/poppler-0.5.0-r4)
[ebuild  N    ] sys-devel/patch-2.5.9  -build -static 0 kB [1] 
[ebuild  N    ] sys-libs/zlib-1.2.3  -build 0 kB [1] 
[ebuild  N    ] media-libs/libpng-1.2.8  -doc 0 kB [1] 
[ebuild  N    ] app-crypt/hashalot-0.3-r2  0 kB [1] 
[ebuild  N    ] sys-libs/gpm-1.20.1-r4  -emacs (-selinux) 0 kB [1] 
[ebuild  N    ] sys-libs/ncurses-5.4-r6  -bootstrap -build -debug -doc +gpm -minimal -nocxx +unicode 0 kB [1] 
[ebuild  N    ] sys-devel/binutils-config-1.8-r6  0 kB [1] 
[ebuild  N    ] sys-devel/gnuconfig-20051223  38 kB [1] 
[ebuild  N    ] sys-devel/binutils-2.16.1  -multislot (-multitarget) +nls -test 12,392 kB [1] 
[ebuild  N    ] sys-devel/m4-1.4.3  +nls 298 kB [1] 
[ebuild  N    ] sys-devel/bison-1.875d  +nls -static 0 kB [1] 
[ebuild  N    ] virtual/libintl-0  0 kB [1] 
[ebuild  N    ] sys-apps/sed-4.1.4-r1  -bootstrap -build +nls -static 0 kB [1] 
[ebuild  N    ] sys-devel/gcc-config-1.3.12-r6  0 kB [1] 
[ebuild  N    ] sys-devel/gcc-3.4.4-r1  (-altivec) -bootstrap -boundschecking -build +fortran -gcj +gtk -hardened -ip28 (-multilib) -multislot (-n32) (-n64) +nls -nocxx -nopie -nossp -objc -vanilla 27,037 kB [1] 
[ebuild  N    ] sys-kernel/linux-headers-2.6.11-r2  252 kB [1] 
[ebuild  N    ] sys-libs/glibc-2.3.5-r2  -build +erandom -glibc-compat20 -glibc-omitfp -hardened -linuxthreads-tls (-multilib) +nls +nptl -nptlonly +pic -profile (-selinux) +userlocales 1,268 kB [1] 
[ebuild  N    ] sys-devel/gettext-0.14.4  -doc -emacs +nls 0 kB [1] 
[ebuild  N    ] sys-apps/texinfo-4.8-r2  -build +nls -static 0 kB [1] 
[ebuild  N    ] sys-apps/groff-1.19.1-r2  +X 0 kB [1] 
[ebuild  N    ] sys-apps/man-1.6-r1  +nls 0 kB [1] 
[ebuild  N    ] sys-libs/gdbm-1.8.3-r2  -berkdb 0 kB [1] 
[ebuild  N    ] sys-devel/libperl-5.8.7  -berkdb -debug +gdbm -ithreads 9,608 kB [1] 
[ebuild  N    ] dev-lang/perl-5.8.7-r3  -berkdb -build -debug -doc +gdbm -ithreads -minimal -perlsuid 0 kB [1] 
[ebuild  N    ] app-shells/bash-3.0-r12  -bashlogger -build +nls 0 kB [1] 
[ebuild  N    ] app-admin/perl-cleaner-1.01  3 kB [1] 
[ebuild  N    ] sys-devel/autoconf-2.13  0 kB [1] 
[ebuild  N    ] sys-devel/autoconf-wrapper-3-r1  0 kB [1] 
[ebuild  N    ] sys-devel/autoconf-2.59-r6  -emacs 0 kB [1] 
[ebuild  N    ] sys-libs/cracklib-2.8.5-r1  +nls +python 547 kB [1] 
[ebuild  N    ] sys-devel/flex-2.5.4a-r6  -build -static 13 kB [1] 
[ebuild  N    ] dev-util/pkgconfig-0.20  -hardened 947 kB [1] 
[ebuild  N    ] perl-core/Test-Simple-0.62  -minimal 68 kB [1] 
[ebuild  N    ] virtual/perl-Test-Simple-0.62  0 kB [1] 
[ebuild  N    ] dev-perl/Locale-gettext-1.05  -minimal 7 kB [1] 
[ebuild  N    ] sys-apps/help2man-1.33.1  +nls 0 kB [1] 
[ebuild  N    ] sys-devel/automake-1.5  0 kB [1] 
[ebuild  N    ] sys-devel/automake-1.8.5-r3  0 kB [1] 
[ebuild  N    ] sys-devel/automake-1.6.3  0 kB [1] 
[ebuild  N    ] sys-devel/automake-1.7.9-r1  0 kB [1] 
[ebuild  N    ] sys-devel/automake-1.4_p6  0 kB [1] 
[ebuild  N    ] sys-devel/automake-wrapper-1-r1  0 kB [1] 
[ebuild  N    ] sys-devel/automake-1.9.6-r1  747 kB [1] 
[ebuild  N    ] sys-libs/pam-0.78-r3  -berkdb -nis -pam_chroot -pam_console -pam_timestamp -pwdb (-selinux) 85 kB [1] 
[ebuild  N    ] dev-libs/expat-1.95.8  -test 0 kB [1] 
[ebuild  N    ] sys-libs/readline-5.0-r2  0 kB [1] 
[ebuild  N    ] sys-apps/diffutils-2.8.7-r1  +nls -static 0 kB [1] 
[ebuild  N    ] dev-libs/openssl-0.9.7i  +bindist -emacs -test +zlib 3,204 kB [1] 
[ebuild  N    ] app-misc/ca-certificates-20050804  91 kB [1] 
[ebuild  N    ] dev-lang/tcl-8.4.9  -threads 0 kB [1] 
[ebuild  N    ] dev-lang/tk-8.4.9  -threads 0 kB [1] 
[ebuild  N    ] dev-lang/python-2.4.2-r1  +X -berkdb -bootstrap -build -doc +gdbm -ipv6 +ncurses -nocxx +readline +ssl +tcltk -ucs2 7,678 kB [1] 
[ebuild  N    ] dev-python/python-fchksum-1.7.1  0 kB [1] 
[ebuild  N    ] sys-apps/sandbox-1.2.12  217 kB [1] 
[ebuild  N    ] sys-apps/findutils-4.1.20-r2  -build +nls (-selinux) -static 0 kB [1] 
[ebuild  N    ] dev-ruby/ruby-config-0.3.1  0 kB [1] 
[ebuild  N    ] dev-lang/ruby-1.8.3  -cjk -doc -socks5 +tcltk -threads 4,128 kB [1] 
[ebuild  N    ] dev-util/guile-1.6.7  0 kB [1] 
[ebuild  N    ] media-sound/alsa-headers-1.0.10  2,143 kB [1] 
[ebuild  N    ] sys-devel/libtool-1.5.22  2,853 kB [1] 
[ebuild  N    ] sys-devel/make-3.80-r3  -build +nls -static 0 kB [1] 
[ebuild  N    ] sys-apps/sysvinit-2.86-r3  -bootstrap -build -ibm (-selinux) -static 0 kB [1] 
[ebuild  N    ] sys-apps/coreutils-5.2.1-r7  -acl -build +nls (-selinux) -static 65 kB [1] 
[ebuild  N    ] sys-apps/baselayout-1.11.14-r5  -bootstrap -build -static +unicode 155 kB [1] 
[ebuild  N    ] sys-apps/hotplug-base-20040401  0 kB [1] 
[ebuild  N    ] sys-fs/udev-079-r1  (-selinux) 216 kB [1] 
[ebuild  N    ] sys-kernel/gentoo-sources-2.6.15-r5  -build -doc -symlink (-ultra1) 39,108 kB [1] 
[ebuild  N    ] media-libs/alsa-lib-1.0.10  -doc +jack 690 kB [1] 
[ebuild  N    ] dev-libs/glib-2.8.5  -debug -doc -hardened 2,532 kB [1] 
[ebuild  N    ] media-libs/libsndfile-1.0.11  -static 0 kB [1] 
[ebuild  N    ] media-sound/jack-audio-connection-kit-0.99.0-r1  +alsa (-altivec) +caps -debug -doc -jack-tmpfs +oss -portaudio 0 kB [1] 
[ebuild  N    ] media-plugins/alsa-jack-1.0.10_rc1  190 kB [1] 
[ebuild  N    ] dev-java/java-config-1.2.11-r1  0 kB [1] 
[ebuild  N    ] dev-java/blackdown-jdk-1.4.2.03  +X +alsa -browserplugin -doc +mozilla -nsplugin 33,200 kB [1] 
[ebuild  N    ] dev-lang/swig-1.3.21  +X -doc +guile* +java +perl -php +python +ruby* +tcltk 0 kB [1] 
[ebuild  N    ] sys-libs/libcap-1.10-r5  -nocxx +python -static 0 kB [1] 
[ebuild  N    ] app-misc/pax-utils-0.1.9  +caps 49 kB [1] 
[ebuild  N    ] sys-apps/debianutils-2.14.1-r1  -build -static 123 kB [1] 
[ebuild  N    ] sys-apps/portage-2.0.54  -build -doc (-selinux) 229 kB [1] 
*** Please update portage to the above version before proceeding.
    Failure to do so may result in failed or improper merges.
    A simple 'emerge -u portage' is sufficient.

[ebuild  N    ] sys-apps/shadow-4.0.7-r4  +nls -nousuid +pam (-selinux) -skey 0 kB [1] 
[ebuild  N    ] sys-apps/pam-login-3.17  -livecd +nls (-selinux) 0 kB [1] 
[ebuild  N    ] sys-libs/com_err-1.38  +nls 0 kB [1] 
[ebuild  N    ] sys-libs/ss-1.38  +nls 0 kB [1] 
[ebuild  N    ] sys-fs/e2fsprogs-1.38  +nls -static 0 kB [1] 
[ebuild  N    ] sys-apps/util-linux-2.12r-r2  +crypt +nls -old-crypt +pam +perl (-selinux) -static 1,502 kB [1] 
[ebuild  N    ] app-arch/bzip2-1.0.3-r5  -build -static 0 kB [1] 
[ebuild  N    ] x11-base/opengl-update-2.2.4  38 kB [1] 
[ebuild  N    ] media-libs/freetype-2.1.9-r1  +bindist -doc +zlib 0 kB [1] 
[ebuild  N    ] media-libs/fontconfig-2.2.3  0 kB [1] 
[ebuild  N    ] x11-apps/ttmkfdir-3.0.9-r3  0 kB [1] 
[ebuild  N    ] x11-base/xorg-x11-6.8.2-r6  (-3dfx) (-3dnow) +bitmap-fonts -cjk -debug -dlloader -dmx -doc -font-server -insecure-drivers -ipv6 -minimal (-mmx) +nls -nocxx +opengl +pam -sdk (-sse) -static +truetype-fonts +type1-fonts (-uclibc) -xprint +xv 196 kB [1] 
[ebuild  N    ] sys-apps/file-4.13  -build +python 0 kB [1] 
[ebuild  N    ] sys-apps/which-2.16  0 kB [1] 
[ebuild  N    ] app-arch/cpio-2.6-r5  +nls 0 kB [1] 
[ebuild  N    ] app-arch/rpm2targz-9.0-r3  0 kB [1] 
[ebuild  N    ] sys-apps/utempter-0.5.5.6  20 kB [1] 
[ebuild  N    ] x11-terms/xterm-200-r3  -Xaw3d -toolbar +truetype +unicode 0 kB 
[ebuild  N    ] media-libs/nas-1.7-r1  0 kB [1] 
[ebuild  N    ] media-libs/libmad-0.15.1b  -debug 0 kB [1] 
[ebuild  N    ] media-libs/jpeg-6b-r5  0 kB [1] 
[ebuild  N    ] media-libs/tiff-3.7.3  1,242 kB [1] 
[ebuild  N    ] media-libs/lcms-1.14-r1  +jpeg +python +tiff +zlib 653 kB [1] 
[ebuild  N    ] media-libs/libmng-1.0.8-r1  497 kB [1] 
[ebuild  N    ] x11-libs/cairo-1.0.2  +X -doc -glitz +png 1,424 kB [1] 
[ebuild  N    ] x11-libs/pango-1.10.2  -debug -doc 1,141 kB [1] 
[ebuild  N    ] dev-libs/atk-1.10.3  -debug -doc -static 529 kB [1] 
[ebuild  N    ] dev-perl/XML-Parser-2.34  -minimal 0 kB [1] 
[ebuild  N    ] dev-util/intltool-0.34.1  127 kB [1] 
[ebuild  N    ] dev-libs/libxml2-2.6.23  -debug -doc -ipv6 +python +readline 3,338 kB [1] 
[ebuild  N    ] x11-misc/shared-mime-info-0.16  0 kB [1] 
[ebuild  N    ] x11-libs/gtk+-2.8.8  -debug -doc +jpeg +tiff 11,627 kB [1] 
[ebuild  N    ] media-fonts/gnu-gs-fonts-std-8.11  0 kB [1] 
[ebuild  N    ] app-text/ghostscript-esp-7.07.1-r8  +X -cjk +cups -emacs +gtk 2 kB [1] 
[ebuild  N    ] app-text/poppler-0.5.0-r4  -cairo +jpeg +zlib 913 kB [1] 
[ebuild  N    ] net-print/cups-1.1.23-r7  -gnutls +nls +pam -samba (-slp) +ssl 0 kB [1] 
[ebuild  N    ] sys-process/procps-3.2.5-r1  (-n32) 0 kB [1] 
[ebuild  N    ] sys-apps/tcp-wrappers-7.6-r8  -ipv6 0 kB [1] 
[ebuild  N    ] dev-db/mysql-4.0.25-r2  -berkdb -big-tables -debug -doc -minimal +perl +readline (-selinux) +ssl -static +tcpd 0 kB [1] 
[ebuild  N    ] x11-libs/qt-3.3.4-r8  +cups -debug -doc -examples (-firebird) +gif -immqt -immqt-bc -ipv6 +mysql +nas -odbc +opengl -postgres -sqlite -xinerama 0 kB [1] 
[ebuild  N    ] dev-perl/Net-Daemon-0.38  -minimal 0 kB [1] 
[ebuild  N    ] perl-core/Storable-2.15  -minimal 159 kB [1] 
[ebuild  N    ] virtual/perl-Storable-2.15  0 kB [1] 
[ebuild  N    ] dev-perl/PlRPC-0.2018  -minimal 17 kB [1] 
[ebuild  N    ] dev-perl/DBI-1.48  -minimal 369 kB [1] 
[ebuild  N    ] dev-perl/DBD-mysql-2.9007  -minimal 114 kB [1] 
[ebuild  N    ] media-libs/libogg-1.1.2  0 kB [1] 
[ebuild  N    ] kde-base/kde-env-3-r4  0 kB [1] 
[ebuild  N    ] media-libs/libvorbis-1.1.0  -aotuv 0 kB [1] 
[ebuild  N    ] media-libs/audiofile-0.2.6-r1  0 kB [1] 
[ebuild  N    ] media-sound/esound-0.2.36-r1  +alsa -debug -ipv6 -static +tcpd 361 kB [1] 
[ebuild  N    ] kde-base/arts-3.4.3  +alsa +arts -artswrappersuid -debug +esd -hardened +jack -kdeenablefinal +mp3 +nas +vorbis -xinerama 922 kB [1] 
[ebuild  N    ] sys-libs/slang-1.4.9-r1  -cjk +unicode 11 kB [1] 
[ebuild  N    ] media-libs/aalib-1.4_rc4-r2  +X +gpm +slang* -static 0 kB [1] 
[ebuild  N    ] media-libs/libgii-0.8.1  +X 0 kB [1] 
[ebuild  N    ] media-libs/libggi-2.0.1-r1  +X +aalib -directfb +fbcon (-svga) 0 kB [1] 
[ebuild  N    ] media-libs/libsdl-1.2.8-r1  +X +aalib +alsa +arts +dga -directfb +esd +fbcon +ggi* -libcaca +nas -noaudio -noflagstrip -nojoystick -novideo +opengl +oss +pic (-svga) -xinerama +xv 0 kB [1] 
[ebuild  N    ] dev-libs/glib-1.2.10-r5  -hardened 0 kB [1] 
[ebuild  N    ] x11-libs/gtk+-1.2.10-r11  -debug +nls 0 kB [1] 
[ebuild  N    ] media-libs/smpeg-0.4.4-r6  +X -debug +gtk (-mmx) +opengl 0 kB [1] 
[ebuild  N    ] media-libs/openal-20050504-r1  +alsa +arts -debug +esd +mpeg +sdl +vorbis 6,136 kB [1] 
[ebuild  N    ] media-libs/glut-3.7.1  0 kB [1] 
[ebuild  N    ] media-libs/plib-1.8.4  0 kB [1] 
[ebuild  N    ] games-sports/torcs-1.2.4  0 kB [1] 

Total size of downloads: 181,545 kB
Portage overlays:
 [1] /opt/portage