You must have SD card inserted!
1) extract the zip file (512 OR 1gb) to my storage\ not into any folder, must be in root.
2) goto my storage\o2beta and run haret from there
3) let it cerate partition on your SD card, and then it will reboot your phone.
4) now goto my storage\ and run haret from there, NOT from o2beta folder.
I got the same kernel panic when i deleted the partition, and then let haret recreate..
Edited by bobhero, 17 January 2011 - 11:50 PM.