initscript work when I am not compiling in devfs in linux 2.4.0-test10, but stop when I am using devfs. I have installed devfs.i386.rpm from preview. I am using gcc-2.96-60 with lates glibc 2.95-2 I think with correct cpp-2.96.i386.rpm. I am using label. Label=/ for dev/hda5
What sorts of errors? It sounds like mounting of /proc is failing for you.
DEVFS works not when I am compiling from kernel-2.4.0-0.37.source.386.rpm
Again, what sort of error messages do you get - without the specific error messages, we can't help.
I've booted a kernel with both labels and devfs here; it checks the filesystem OK.