The problem here is that bootlogd attempts to open /dev/ttyzf, which requires the kernel config option CONFIG_LEGACY_PTYS to be enabled. As bootlogd starts before /dev/pts is mounted (at this point), CONFIG_UNIX98_PTYS aren't available yet either, so it fails.
My suggestion would be to move the mounting of /dev/pts to be first, and then start bootlogd. -- To UNSUBSCRIBE, email to [EMAIL PROTECTED] with a subject of "unsubscribe". Trouble? Contact [EMAIL PROTECTED]