I too am seeing this same problem.
Configuration details below.
alabun
CentOS release 5 (Final)
Kernel \r on an \m
[root@fog httpd]# uname
Linux
[root@fog httpd]# uname -a
Linux fog.udfc.com 2.6.18-53.1.19.el5xen #1 SMP Wed May 7 08:51:05 EDT 2008 x86_64 x86_64 x86_64 GNU/Linux
[root@fog images]# ls -lart
total 48
-rwxrwxrwx 1 fog root 0 May 23 2008 .mntcheck
drwx------ 2 fog root 16384 Dec 15 10:01 lost+found
drwxrwxrwx 2 fog root 4096 Dec 15 11:12 testbuild
drwxr-xr-x 28 root root 4096 Dec 17 21:01 ..
drwxrwxrwx 2 fog root 4096 Dec 17 22:10 dev
drwxrwxrwx 5 fog root 4096 Dec 18 08:08 .
[root@fog images]# ls -laR
.:
total 48
drwxrwxrwx 5 fog root 4096 Dec 18 08:08 .
drwxr-xr-x 28 root root 4096 Dec 17 21:01 ..
drwxrwxrwx 2 fog root 4096 Dec 17 22:10 dev
drwx------ 2 fog root 16384 Dec 15 10:01 lost+found
-rwxrwxrwx 1 fog root 0 May 23 2008 .mntcheck
drwxrwxrwx 2 fog root 4096 Dec 15 11:12 testbuild
./dev:
total 12
drwxrwxrwx 2 fog root 4096 Dec 17 22:10 .
drwxrwxrwx 5 fog root 4096 Dec 18 08:08 ..
-rw-r--r-- 1 root root 0 Dec 17 22:10 .mntcheck
./lost+found:
total 20
drwx------ 2 fog root 16384 Dec 15 10:01 .
drwxrwxrwx 5 fog root 4096 Dec 18 08:08 ..
./testbuild:
total 12
drwxrwxrwx 2 fog root 4096 Dec 15 11:12 .
drwxrwxrwx 5 fog root 4096 Dec 18 08:08 ..
[root@fog images]#