I've been having the same problem with a number of our systems. I did try substituting the new ISOs to upgrade to 4.5 (see
http://www.brandonhutchinson.com/mre...iguration.html ) but somehow it didn't find the new initscripts rpm. Anyway, just install the newer initscripts manually:
rpm -ivF initscripts-7.93.29.EL-1.centos4.i386.rpm
You can then run yum without problems. This hasn't picked up the actual 4.5 base files, don't see how to do that, but at least the 4.4 is now updating again....
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