rc drops into single-user despite rc_configured=YES

[Alex Poylisher <sher%komkon.org@localhost>]

...after a recent upgrade.  I've re-installed /etc from scratch with no luck.  
Any ideas much appreciated. 

/etc/rc.conf only has the following at this point:

****

# Load the defaults in from /etc/defaults/rc.conf (if it's readable).
# These can be overridden below.
#
if [ -r /etc/defaults/rc.conf ]; then
        . /etc/defaults/rc.conf
fi

# If this is not set to YES, the system will drop into single-user mode.
#
rc_configured=YES

# Add local overrides below
#
wscons=YES
hostname=<hhh>
defaultroute=<rrr>

***

-- 
Alex Poylisher
sher{at}komkon{dot}org