[newbie] inetd. problem

[Chris Moyer]

When I am connected to the net, this error shows up
continuosly in my /var/log/messages:

inetd[###]: execv /usr/sbin/in.identd: No such file or
directory

What is going on?  That file doesn't exist... I checked. 
Should it exist or is there a problem with a script.  This
is a clean Madrake install and I have used most of the
update RPM's.  

I also connect via a single-direction cable modem... if
that would effect anything.

Chris Moyer