After finding all the recommendations online to not work. I was forced to completely rebuild the system. This means since its a Dell PowerEdge 2950 with PERC6/i, I had to delete all RAID Virtual Disks. The reason for this was a glitch I had found when first installing the box some 5 months ago. If you configure a ESXi server on a PERC Controller that has more than 1 Virtual Disk, it will not boot. You have to complete installation using one VDisk then successfully reboot it. Once its up, you have to reboot once more create any other onboard VDisks you need then boot completely. It will automatically detect the new drive and format it with VMFS for you.
All this to say I spent most of my day rebuilding an ESXi Host to recover from a lost password. Since this machine will be folded into our VirtualCenter in the near future, it might behoove me to just reinstall using ESX proper like the other servers. I will do some through testing of the host before had to see if there is anything to gain from using the lighter hypervisor over its far more robust RedHat bound ESX brother.
