Ok.. I think I answered my own question, once my brain processed what the message was actually saying...
So a warning to you all, when you go from Slackware 8.1 to 9.0 for some reason you need to raise the softlimit on things like TCP server. I was using a limit of 2000000 before and I needed to up it to 5000000 to make it work under the new system. Why I really don't know, figure it has something to do with the new libc or gcc stuff, if anyone thinks they know a better reason why let me know.
For those of you who don't have a clue what I am talking about... when you run qmail-smtpd typically you run it through tcpserver which you run through softlimit so it can't eat up all your memory.
exec /usr/local/bin/softlimit -m 5000000 \
/usr/local/bin/tcpserver -v -R -l 0 -x /etc/tcp.smtp.cdb -c "$MAXSMTPD" \
-u "$QMAILDUID" -g "$NOFILESGID" 0 smtp rblsmtpd -r b1.spamcop.net -r "relays.ordb.org:Rejected - see http://ordb.org/
" -r replays.osirusoft.com -r relays.visi.com -r ipwhois.rfc-ignorant.org /var/qmail/bin/qmail-smtpd 2>&1