The snmpd manual in net-snmp-5.4-14.fc7 seems to be a concatenation of
snmptrapd.8 and snmpd.conf.5. This is obviously wrong.
Thanks for the bug report. The man page will be fixed in net-snmp-5.4.1, which
should be released really soon by upstream.
Sorry for not closing the bug earlier - net-snmp-5.4.1 was released on 2007-08-07.