busybox sh does not run and cannot login when eabi enabled

[cytan299 at netzero.net]

Interesting, with the oabi compiled system, init=/bin/sh gives me a shell.

*BUT* with the eabi compiled system, init=/bin/sh gives me:
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RAMDISK: Couldn't find valid RAM disk image starting at 0.                                                         
List of all partitions:                                                                                            
1f00            2304 mtdblock0  (driver?)                                                                          
1f01           14080 mtdblock1  (driver?)                                                                          
No filesystem could mount root, tried:  ext2 vfat msdos                                                            
Kernel panic - not syncing: VFS: Unable to mount root fs on unknown-block(1,0) 
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This is very strange! Looks a timing problem?

Any other thing I should try?