There are problems in the awk syntax of the %post section in the new sendmail spec file. As written the script will not correctly upgrade the old ip_allow, deny, etc files. This will cause any existing 4.x or 5.x upgrades to the new sendmail to suddenly stop working as expected. Specifically the awk statements do not have any files directed to them as input. I will upload a fixed version called sendmail-8.9.3-9.src.rpm to gribble. The changes I made only affect the %post section of the sendmail.spec file.
Fixed in Red Hat 6.0.