diff --git a/common/console.c b/common/console.c
index 3868bfa..80f8cdb 100644
--- a/common/console.c
+++ b/common/console.c
@@ -35,6 +35,7 @@
 #include <kfifo.h>
 #include <module.h>
 #include <list.h>
+#include <linux/utsrelease.h>
 
 LIST_HEAD(console_list);
 EXPORT_SYMBOL(console_list);
@@ -43,6 +44,15 @@
 #define CONSOLE_INIT_EARLY	1
 #define CONSOLE_INIT_FULL	2
 
+const char version_string[] =
+	"U-Boot " UTS_RELEASE " (" __DATE__ " - " __TIME__ ")";
+
+static void display_banner (void)
+{
+	printf (RELOC("\n\n%s\n\n"), RELOC_VAR(version_string));
+	printf(RELOC("Board: " CONFIG_BOARDINFO "\n"));
+}
+
 static int __initdata initialized = 0;
 
 static int console_std_set(struct device_d *dev, struct param_d *param,
@@ -98,6 +108,7 @@
 int console_register(struct console_device *newcdev)
 {
 	struct device_d *dev = newcdev->dev;
+	int first = 0;
 
 	if (newcdev->setbrg) {
 		newcdev->baudrate_param.set = console_baudrate_set;
@@ -120,12 +131,19 @@
 	console_std_set(dev, &newcdev->active_param, "ioe");
 #endif
 #ifdef CONFIG_CONSOLE_ACTIVATE_FIRST
-	if (list_empty(&console_list))
+	if (list_empty(&console_list)) {
+		first = 1;
 		console_std_set(dev, &newcdev->active_param, "ioe");
+	}
 #endif
 
 	list_add_tail(&newcdev->list, &console_list);
 
+#ifndef CONFIG_HAS_EARLY_INIT
+	if (first)
+		display_banner();
+#endif
+
 	return 0;
 }
 EXPORT_SYMBOL(console_register);
@@ -358,6 +376,7 @@
 		early_console_init(base, baudrate);
 		INITDATA(initialized) = CONSOLE_INIT_EARLY;
 		INITDATA(early_console_base) = base;
+		display_banner();
 	}
 }
 
diff --git a/common/startup.c b/common/startup.c
index bdd20ec..49d758b 100644
--- a/common/startup.c
+++ b/common/startup.c
@@ -29,7 +29,6 @@
 #include <init.h>
 #include <command.h>
 #include <malloc.h>
-#include <linux/utsrelease.h>
 #include <mem_malloc.h>
 #include <debug_ll.h>
 #include <fs.h>
@@ -37,22 +36,9 @@
 #include <environment.h>
 #include <reloc.h>
 
-#ifndef CONFIG_IDENT_STRING
-#define CONFIG_IDENT_STRING ""
-#endif
-
 extern initcall_t __u_boot_initcalls_start[], __u_boot_early_initcalls_end[],
 		  __u_boot_initcalls_end[];
 
-const char version_string[] =
-	"U-Boot " UTS_RELEASE " (" __DATE__ " - " __TIME__ ")"CONFIG_IDENT_STRING;
-
-static void display_banner (void)
-{
-	printf (RELOC("\n\n%s\n\n"), RELOC_VAR(version_string));
-	printf(RELOC("Board: " CONFIG_BOARDINFO "\n"));
-}
-
 static void display_meminfo(void)
 {
 	ulong mstart = mem_malloc_start();
@@ -79,8 +65,6 @@
 				(ulong)&__early_init_data_end -
 				(ulong)&__early_init_data_begin);
 	early_console_start(RELOC("psc3"), 115200);
-
-	display_banner();
 }
 
 #endif /* CONFIG_HAS_EARLY_INIT */
@@ -130,9 +114,6 @@
 			hang();
 	}
 
-#ifndef CONFIG_HAS_EARLY_INIT
-	display_banner();
-#endif
 	display_meminfo();
 
 	register_default_env();
@@ -150,9 +131,12 @@
 #endif
 	}
 #endif
+	printf("running /env/bin/init...\n");
+
 	if (!stat("/env/bin/init", &s)) {
-		printf("running /env/bin/init\n");
 		run_command("source /env/bin/init", 0);
+	} else {
+		printf("not found\n");
 	}
 
 	/* main_loop() can return to retry autoboot, if so just run it again. */