kernel panic: no init found

[dimi666]

Habe ein Problem mit selbstgebautem Image:

....
oop: loaded (max 8 devices)
D-Box 2 flash driver (size->0x800000 mem->0x10000000)
D-Box 2 flash memory: Found 2 x16 devices at 0x0 in 32-bit bank
Intel/Sharp Extended Query Table at 0x0035
cfi_cmdset_0001: Erase suspend on write enabled
Creating 6 MTD partitions on "D-Box 2 flash memory":
0x00000000-0x00020000 : "BR bootloader"
0x00020000-0x00040000 : "FLFS (U-Boot)"
0x00040000-0x006a0000 : "root (squashfs)"
0x006a0000-0x00800000 : "var (jffs2)"
0x00020000-0x00800000 : "Flash without bootloader"
0x00000000-0x00800000 : "Complete Flash"
Linux video capture interface: v1.00
mice: PS/2 mouse device common for all mice
NET4: Linux TCP/IP 1.0 for NET4.0
IP Protocols: ICMP, UDP, TCP
IP: routing cache hash table of 512 buckets, 4Kbytes
TCP: Hash tables configured (established 2048 bind 4096)
NET4: Unix domain sockets 1.0/SMP for Linux NET4.0.
VFS: Mounted root (squashfs filesystem) readonly.
Mounted devfs on /dev
Freeing unused kernel memory: 60k init
Kernel panic: No init found. Try passing init= option to kernel.
<0>Rebooting in 180 seconds..

Habe keine Veränderung am source vorgenommen.
Muss ich denn die init option explizit angeben?? Habe ich nnirgens gelesen...