I'm having the same problem, I'd set up the TTS clock last night, so I already had the preinit on my empeg... I noticed this error when starting in forced DC mode.

empeg-preinit starting...
/programs0/preinit.d doesn't exist
You might want to consider placing your startup scripts there
Using /etc/preinit.d as startup script directory

whats telling it to look at /programs0/preinit.d? /etc/preinit.d is there....

I double checked everthing... everything has the chmod 755 stuff set and is in the right place... any ideas?
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Brett 60Gb MK2a with Led's