FPC and FESCo recently approved packaging guidelines for initscripts http://fedoraproject.org/wiki/Packaging/SysVInitScript . According to those guidelines only services which are really required for a vital system should define runlevels as the first parameter on the '# chkconfig: #' line in the initscript. Please consider changing the initscripts in this package.
Changing version to '9' as part of upcoming Fedora 9 GA. More information and reason for this action is here: http://fedoraproject.org/wiki/BugZappers/HouseKeeping
Short intro: I've recently begun as an iscsi-initiator-utils co-maintainer and as such I'm looking into all open bugs. The iscsi services are *vital* for systems using iscsi, so they must be enabled bu default. iscsi-initiator-utils-6.2.0.870-0.1.rc1.fc10 which will be in tomorrows rawhide has rewritten initscripts, which will silently exit with a 0 status ASAP when iscsi is not needed. This should migate most of the complaints as a user no longer sees any messages (when not using iscsi) and the actual time spend in the scripts is negligible (all the detection code does is 1 grep)