here's the xterm output:

Nokia-N800-50-2:/# insmod /lib/modules/2.6.21-omap1/mbcache.ko
insmod: cannot insert `/lib/modules/2.6.21-omap1/mbcache.ko': File exists (-1): File exists
Nokia-N800-50-2:/# insmod /lib/modules/2.6.21-omap1/ext2.ko
insmod: cannot insert `/lib/modules/2.6.21-omap1/ext2.ko': File exists (-1): File exists
Nokia-N800-50-2:/# mount -t ext2 /dev/mmcblk0p2 /mnt/new_root
Nokia-N800-50-2:/# ls -l /mnt/new_root
drwxr-xr-x 2 root root 4096 Dec 11 15:41 bin
drwxr-xr-x 2 root root 4096 Dec 11 15:26 boot
drwxr-xr-x 2 root root 4096 Dec 11 15:26 cdrom
drwxr-xr-x 3 root root 4096 Jan 1 1970 dev
drwxr-xr-x 66 root root 4096 Jan 9 17:05 etc
drwxr-xr-x 2 root root 4096 Dec 11 15:26 floppy
drwxr-xr-x 3 root root 4096 Dec 11 15:41 home
drwxr-xr-x 2 root root 4096 Dec 11 15:26 initrd
drwxr-xr-x 6 root root 4096 Jan 9 17:05 lib
drwx------ 2 root root 16384 Jan 17 17:02 lost+found
drwxr-xr-x 5 root root 4096 Dec 19 11:32 media
drwxr-xr-x 3 root root 4096 Jan 1 1970 mnt
drwxr-xr-x 2 root root 4096 Dec 11 15:26 opt
drwxr-xr-x 2 root root 4096 Dec 11 15:26 proc
drwxr-xr-x 3 root root 4096 Dec 18 21:10 root
drwxr-xr-x 2 root root 4096 Jan 9 17:05 sbin
drwxr-xr-x 2 root root 4096 Dec 11 15:26 srv
drwxr-xr-x 2 root root 4096 Dec 11 15:26 sys
drwxr-xr-x 6 root root 4096 Jan 16 18:56 tar-temp
drwxrwxrwt 2 root root 4096 Dec 11 15:26 tmp
drwxr-xr-x 14 root root 4096 Dec 11 15:33 usr
drwxr-xr-x 12 root root 4096 Jan 1 1970 var
Nokia-N800-50-2:/# umount /mnt/new_root