What you are seeing is that you still have a L2 interface..... you have 
combined multiple interfaces into one,
and then assigned the one interface an IP address.

Check CCO on switching.

Jeffrey Reed wrote:

>Check out the link I pasted in my original email on how to configure a Layer
>3 channel.  It shows these commands and a little more:
>
>Router# configure terminal
>Router(config)# interface port-channel 1
>Router(config-if)# ip address 172.32.52.10 255.255.255.0
>
>I never saw it before...
>
>Jeffrey Reed
>Classic Networking, Inc.
>
>-----Original Message-----
>From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Larry
>Letterman
>Sent: Thursday, March 14, 2002 3:17 PM
>To: [EMAIL PROTECTED]
>Subject: RE: L2 VS L3 EtherChannel [7:38272]
>
>You cant set etherchannel to a layer 3 address,
>not in any of the cisco switches I had. Its only
>a layer 2 link, not a layer 3 link.
>
>
>Larry Letterman
>Cisco Systems
>[EMAIL PROTECTED]
>
>
>-----Original Message-----
>From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of
>Jeffrey Reed
>Sent: Thursday, March 14, 2002 11:02 AM
>To: [EMAIL PROTECTED]
>Subject: L2 VS L3 EtherChannel [7:38272]
>
>
>When would you use Layer 3 EtherChannel? Ive bonded layer two links
>together before, but not sure when you could/should use the layer 3
>EtherChannel?
>
>http://www.cisco.com/univercd/cc/td/doc/product/lan/cat6000/ios127xe/config/
>channel.htm#12748
>
>Thanks!!
>
>Jeff
>Confidential e-mail for addressee only.  Access to this e-mail by anyone
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