Well, here's the output that appears to be pertinent from starting services with the options you suggested:
[Sep 05 22:29:13.131243 2006] status:
- [Module, Okay - No Error]
[Sep 05 22:29:13.131354 2006] debug: Received: :irc.fwet.dyndns.org NOTICE AUTH :*** Looking up your hostname...
[Sep 05 22:29:13.167706 2006] debug: Received: :irc.fwet.dyndns.org NOTICE AUTH :*** Found your hostname
[Sep 05 22:29:13.168467 2006] debug: Received: ERROR :Link denied (No matching link configuration) [@127.0.0.1.33530]
[Sep 05 22:29:13.168608 2006] debug: Link denied (No matching link configuration) [@127.0.0.1.33530]
[Sep 05 22:29:13.168741 2006] Error: Your IRCD's link block may not setup correctly, please check unrealircd.conf
[Sep 05 22:29:13.169049 2006] debug: Received: ERROR :Closing Link: [127.0.0.1] (Link denied (No matching link configuration))
[Sep 05 22:29:13.169167 2006] debug: Closing Link: [127.0.0.1] (Link denied (No matching link configuration))
[Sep 05 22:29:13.169271 2006] Error: Your IRCD's link block may not setup correctly, please check unrealircd.conf
[Sep 05 22:29:13.169434 2006] debug: Emitting event "shutdown" (1 args)
[Sep 05 22:29:13.169546 2006] Read error from server: No such file or directory (error num: 2)
[Sep 05 22:29:13.169799 2006] debug: Sent: SQUIT fwet.dyndns.org :Read error from server: No such file or directory (error num: 2)
[Sep 05 22:29:13.169923 2006] debug: firstuser() returning NULL (end of list)
[Sep 05 22:29:13.170027 2006] debug: Emitting event "shutdown" (1 args)
Where the heck is it getting the 127.0.0.1.33530 from? That can't be right...
I didn't post the log because all the pertinent log info is already here
[Edited on 6-9-2006 by arew264]