Topic: Failed to execute /linuxrc

I have one of the beta boards from Adafruit and I had linux crash on me. Now when it boots I get this error:

[    1.760000] Failed to execute /linuxrc.  Attempting defaults...
[    1.780000] Kernel panic - not syncing: No init found.  Try passing init= option to kernel.

So I thought, I'll use the 2GB SD card I bought at the same time and download the rom restore file from here I followed the directions (including trying with and without fixing the partition table with fixrom.c) and now when the 2GB SD card boots, all I see is this:


Anybody seen anything like this or have any suggestions?