hobbitlaunch.log on OS X shows this. How do I fix the `shm' issue?

2007-07-15 11:27:22 hobbitlaunch starting 2007-07-15 11:27:22 Loading tasklist configuration from /Users/hobbit/server/etc/hobbitlaunch.cfg 2007-07-15 11:27:22 Loading hostnames 2007-07-15 11:27:22 Loading saved state 2007-07-15 11:27:22 Cannot access checkpoint file /Users/hobbit/server/tmp/hobbitd.chk for restore 2007-07-15 11:27:22 Setting up network listener on 0.0.0.0:1984 2007-07-15 11:27:22 Setting up signal handlers 2007-07-15 11:27:22 Setting up hobbitd channels 2007-07-15 11:27:22 Could not attach shm Too many open files 2007-07-15 11:27:22 Cannot setup user channel 2007-07-15 11:27:22 Task hobbitd terminated, status 1

http://[url/hobbit/ shows dir.

ps -auxwww | grep hobbitd shows no hobbitd running

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