syslogd hangs on startup

[Brian Long]

I just ran "yum update" and rebooted.  syslogd hung on startup, so I
rebooted into single-user mode, ran "chkconfig syslog off" and booted
back up into runlevel 5.

When I run "strace syslogd -m 0", it hangs forever at the nanosleep call
below:

set_thread_area({entry_number:-1 -> 6, base_addr:0xf6ff1aa0,
limit:1048575, seg_32bit:1, contents:0, read_exec_only:0,
limit_in_pages:1, seg_not_present:0, useable:1}) = 0
munmap(0xf6ff2000, 55869)               = 0
getpid()                                = 4280
chdir("/")                              = 0
brk(0)                                  = 0x9d36000
brk(0x9d57000)                          = 0x9d57000
open("/var/run/syslogd.pid", O_RDONLY)  = -1 EACCES (Permission denied)
rt_sigaction(SIGTERM, {0xe81104, [TERM], SA_RESTORER|SA_RESTART,
0x138a48}, {SIG_DFL}, 8) = 0
clone(child_stack=0, flags=CLONE_CHILD_CLEARTID|CLONE_CHILD_SETTID|
SIGCHLD, child_tidptr=0xf6ff1ae8) = 4281
--- SIGCHLD (Child exited) @ 0 (0) ---
rt_sigprocmask(SIG_BLOCK, [CHLD], [], 8) = 0
rt_sigaction(SIGCHLD, NULL, {SIG_DFL}, 8) = 0
rt_sigprocmask(SIG_SETMASK, [], NULL, 8) = 0
nanosleep({300, 0}, 

Any ideas how to get this working again?  

kernel-2.6.9-1.681_FC3
sysklogd-1.4.1-22

Thank you.

/Brian/