That is the default way RHEL updates kernels.
If you're using up2date (RHEL3/RHEL4) or yum (RHEL5) to do the update then it will update grub.conf for you - it will make the new kernel the default but you can interrupt on boot up and select the older kernel.
Example grub.conf from one of my RHEL5 systems:
Code:
# grub.conf generated by anaconda
#
# Note that you do not have to rerun grub after making changes to this file
# NOTICE: You have a /boot partition. This means that
# all kernel and initrd paths are relative to /boot/, eg.
# root (hd0,2)
# kernel /vmlinuz-version ro root=/dev/VolGroup00/LogVol00
# initrd /initrd-version.img
#boot=/dev/sda
default=0
timeout=5
splashimage=(hd0,2)/grub/splash.xpm.gz
hiddenmenu
title Red Hat Enterprise Linux Server (2.6.18-128.2.1.el5)
root (hd0,2)
kernel /vmlinuz-2.6.18-128.2.1.el5 ro root=/dev/VolGroup00/LogVol00 rhgb quiet crashkernel=128M@16M
initrd /initrd-2.6.18-128.2.1.el5.img
title Red Hat Enterprise Linux Server (2.6.18-92.1.22.el5)
root (hd0,2)
kernel /vmlinuz-2.6.18-92.1.22.el5 ro root=/dev/VolGroup00/LogVol00 rhgb quiet crashkernel=128M@16M
initrd /initrd-2.6.18-92.1.22.el5.img
This has my current kernel (2.6.18-128.2.1.el5) and the kernel it replaced (2.6.18-92.1.22.el5).