root.sh after 11gr2 grid infrastructure install on standalone server

[root@rac1 grid]# ./root.sh
Running Oracle 11g root.sh script...
The following environment variables are set as:
ORACLE_OWNER= oracle
ORACLE_HOME= /u01/app/oracle/product/11.2.0/grid
Enter the full pathname of the local bin directory: [/usr/local/bin]:
The file "dbhome" already exists in /usr/local/bin. Overwrite it? (y/n)
[n]: y
Copying dbhome to /usr/local/bin ...
The file "oraenv" already exists in /usr/local/bin. Overwrite it? (y/n)
[n]: y
Copying oraenv to /usr/local/bin ...
The file "coraenv" already exists in /usr/local/bin. Overwrite it? (y/n)
[n]: y
Copying coraenv to /usr/local/bin ...
Entries will be added to the /etc/oratab file as needed by
Database Configuration Assistant when a database is created
Finished running generic part of root.sh script.
Now product-specific root actions will be performed.
2010-03-27 18:41:34: Checking for super user privileges
2010-03-27 18:41:34: User has super user privileges
2010-03-27 18:41:34: Parsing the host name
Using configuration parameter file: /u01/app/oracle/product/11.2.0/grid/crs/inst
Creating trace directory
LOCAL ADD MODE
Creating OCR keys for user 'oracle', privgrp 'oinstall'..
Operation successful.
CRS-4664: Node rac1 successfully pinned.
Adding daemon to inittab
CRS-4123: Oracle High Availability Services has been started.
ohasd is starting
rac1 2010/03/27 18:43:12 /u01/app/oracle/product/11.2.0/grid/cdata/rac1/backup_20100327_184312.olr
Successfully configured Oracle Grid Infrastructure for a Standalone Server
Updating inventory properties for clusterware
Starting Oracle Universal Installer...
Checking swap space: must be greater than 500 MB. Actual 2350 MB Passed
The inventory pointer is located at /etc/oraInst.loc
The inventory is located at /u01/app/oraInventory
'UpdateNodeList' was successful.
[root@rac1 grid]#