Yes, the Aolserver welcoming page is served (using "test.tcl" as mentioned above).
I have OpenAcs 3.2.5, Pgdriver 2.0, PostgreSQL 7.1.2, Aolserver-3.4 running on an AMD 1Ghz box with 400 MB ram, RH 7.1. The output of the screen only shows 'notices', except: Warning: sched: excessive time taken by proc 5 (5 seconds).
Changing to 127.0.0.1 doesn't seem to be of much help, as I am permanently connected to the internet. The mentioned IP address is the permanent IP address of Eth0. www.timedesk.net is a domain name with a redirection to the IP 220.127.116.11. Starting AOLserver in the foreground is indeed helpful, but I was watching the logs closely anyway...
A log can be found : here. Thanks for your support!