Per the discussion across the weekend on the Beta-Testers list, 

add a file:  /etc/sysconfig/syslogd  and /etc/sysconfig/klogd

allowing for a syntax:

SOPTIONS=" -r "

- and -

KOPTIONS=" -x "

Source each in the relevant initscript, and 

    daemon syslogd -m 0 $SOPTIONS

(properly, to avoid the mess like with sendmail, move the '-m 0' option
into the new SOPTIONS as a default setting)

-----------
For completeness, add to the klogd line as well, like:

     daemon klogd $KOPTIONS

-----------

Minor print documentation extension to point out the newly available
{SK}OPTIONS entry.