I upgraded to mkinitrd-1.3.2-i486-1, and I have the same problem than mkinitrd-1.3.1-i486-4.
When I upgraded, I typed mkinitrd whit arguments, and I get the same errors than mkinitrd-1.3.1-i486-4.Then, I reverted to mkinitrd-1.1.2-i486-3, typed mkinitrd with arguments, and It works fine. Then, upgraded to mkinitrd-1.3.2-i486-1, and typed mkinitrd whit no arguments, and It works fine.
I don't know what is the problem.

It would help if you told us about the exact error messages you see, and what happens next.

Eric

In my previous thread "Slackware-current and mkinitrd-1.3.1, I wrote:

""I have a laptop with Slackware-current. It has a hard disk with two partitions; one ,hda1,unencrypted, for the /boot filesystem, ant another, hda2, with three LV encrypted whit cryptsetup/LUKS for the /, /home and swap filesystems. All make according to README_CRYPT.TXT and README_LVM.TXT documents.
All works fine, until I upgraded mkinitrd whit the mkinitrd-1.3.1 package.
After I upgrades the package, I rebooted the laptop and, behind initrd loads the modules, it stops and I get the next error messages:
Command failed: dm_task_set_name: Device /dev/mapper/cryptroot not found
mount: mounting /dev/mapper//dev/mapper/cryptroot on /mnt failed: No such file or directory.
ERROR: No /sbin/init found on rootdev (or not mounted). Trouble ahead.
Behind the prompt, I run exit, and I get a kernel panic.
I search for help on Google, but the only valid answer was in the URL
<http://alien.slackbook.org/dokuwiki/doku.php?id=slackware:setup>. It was one modification to the README_CRYPT.TXT document, above mentioned.
I followed the next steps for make the modification above mentioned. Behind I boot the laptop with the CD1 from Slackware Installation, I run the next commands:
vgchange -ay
cryptsetup luksOpen /dev/mivg/root cryptroot
cryptsetup luksOpen /dev/mivg/home /crypthome
mount -t ext3 /dev/mapper/cryptroot /mnt
mount -t ext3 /dev/mapper/crypthome /mnt/home
mount -t ext3 /dev/ha1 /mnt/boot
mount -o bind /proc /mnt/proc
mount -o bind /sys /mnt/sys
mount -o bind /dev /mnt/dev (this is the modification above mentioned. It gets error,and I run the next command)
cp -a /dev/mapper/ /mnt/dev
chroot /mnt
vgscan --mknodes
mkinitrd -c -k 2.6.23.16 -m ext3 -f ext3 -r cryptroot -C /dev/mivg/root -L
I reboot the laptop, and I get the same errors.
If, in the prompt after the boot, I make ls -la /dev/mapper, I get
control
mivg-home
mivg-root
mivg-swap
Don't appear the encrypted devices cryptroot and crypthome, why?

I have the makeinitrd-1.3.1-i486-4.tgz and I don't use lilo but grub

I reverted to mkinitrd-1.1.2-i486-3 (from CD1), and it works fine

When I reverted to mkinitrd-1.1.2-i486-3 and it worked fine, I upgraded to mkinitrd-1.3.1-i486-4 and typed mkinitrd with not arguments, and it worked fine.
Now, I upgraded kernel to kernel-2.4.24.4, and typed mkinitrd with arguments, and the problem return. I have the same error messages of the first post.

I reverted to mkinitrd-1.1.2-i486-3, and typed mkinitrd with arguments, it worked fine with the new kernel. Then upgraded to mkinitrd-1.3.1-i486-4, typed mkinitrd with no arguments, and it works fine with the new kernel.""

Now, I upgraded to mkinitrd-1.3.2-i486-1, typed mkinitrd with arguments, reboot the PC, and I see the same errors from above. If I revert to mkinitrd-1.1.2-i486-3, type mkinitrd with arguments, it works fine after reboot. I upgrade to mkinitrd-1.3.2-i486-1, type mkinitrd with no arguments, and it works fine after reboot.

Everyone I have seen sofar with mkinitrd trouble is using grub.
Can you try installing lilo into the /dev/hda1 boot partition and adding a chainloader command to your grub menu that loads lilo in turn? Something like Eric

Whit lilo, mkinitrd-1.3.2 works fine, with arguments and with no arguments.
Thanks a lot.