I am on the latest beta from your website. 0.2.0.
Works great so far, even my Ztex boards are recognised on the Pi without a hasstle
It means the NTP failed to get the time off your network. The Raspberry PI does not have an on board clock so every boot it tries to get it from the internet and something to do with your setup prvented it.
This is a particularly annoying "bug" that I am trying to find a solution for and it only happens on a few peoples rig's, can you tell me what hardware you are using on your network? ISP, router etc, wireless device if you are using one.
In the meantime if you SSH in you can;-
sudo date -s "2 OCT 2006 18:00:00"
to set your time manually (use UTC time though http://www.worldtimeserver.com/current_time_in_UTC.aspx ).
Neil