Hi Rizla,
Its not a pretty story!
I am assuming you also have an openrd Ultimate.
The failure of the ethernet ports is documented (about three or four replies down this thread)
http://groups.google.com/group/openrd/browse_frm/thread/a5999626d191f148#Tanmay, the openrd support person has uploaded some new uboot and kernel binaries.
http://groups.google.com/group/openrd/browse_frm/thread/9fdf3929f1c3f4ed#It is not clear to me from the forum and the explanations whether this fixes the problems. but they may fix the internet issue.
I decided to cut my losses with the fedora kernel and install a Debian system (I always use deb linux on my other boxes and my Sheevaplug).
I have been working with Michael Michlmayr the deb guru to get the Debian installer working with the Openrd Ultimate. As I type this reply my Openrd Ultimate is installing a Debian RFS and kernel on a sata hard drive installed inside the openrd. We have one more nug to sort out, to get the installer, at the end of the installation to run flash-kernel to create a Uinitrd to boot with.
When we succeed I will add a post here.
cheers
Patrick