[root@mike /root]# route -n
Kernel IP routing table
Destination     Gateway         Genmask         Flags Metric Ref    Use Iface
255.255.255.255 0.0.0.0         255.255.255.255 UH    0      0        0 eth0
192.168.0.0     0.0.0.0         255.255.255.0   U     0      0        0 eth0
127.0.0.0       0.0.0.0         255.0.0.0       U     0      0        0 lo
[root@mike /root]# ifconfig
eth0      Link encap:Ethernet  HWaddr 00:40:05:E1:F2:65
          inet addr:192.168.0.1  Bcast:192.168.0.255  Mask:255.255.255.0
          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1
          RX packets:18 errors:0 dropped:0 overruns:0 frame:0
          TX packets:16 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:100
          Interrupt:10 Base address:0xe400
 
lo        Link encap:Local Loopback
          inet addr:127.0.0.1  Mask:255.0.0.0
          UP LOOPBACK RUNNING  MTU:3924  Metric:1
          RX packets:24 errors:0 dropped:0 overruns:0 frame:0
          TX packets:24 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:0
                                                
ifconfig and route -n before connection
and after
[root@mike /root]# route -n
Kernel IP routing table
Destination     Gateway         Genmask         Flags Metric Ref    Use Iface
203.134.19.47   0.0.0.0         255.255.255.255 UH    0      0        0 ppp0
255.255.255.255 0.0.0.0         255.255.255.255 UH    0      0        0 eth0
192.168.0.0     0.0.0.0         255.255.255.0   U     0      0        0 eth0
127.0.0.0       0.0.0.0         255.0.0.0       U     0      0        0 lo
0.0.0.0         203.134.19.47   0.0.0.0         UG    0      0        0 ppp0
[root@mike /root]# ifconfig
eth0      Link encap:Ethernet  HWaddr 00:40:05:E1:F2:65
          inet addr:192.168.0.1  Bcast:192.168.0.255  Mask:255.255.255.0
          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1
          RX packets:327 errors:0 dropped:0 overruns:0 frame:0
          TX packets:291 errors:0 dropped:0 overruns:0 carrier:0
          collisions:1 txqueuelen:100
          Interrupt:10 Base address:0xe400
 
lo        Link encap:Local Loopback
          inet addr:127.0.0.1  Mask:255.0.0.0
          UP LOOPBACK RUNNING  MTU:3924  Metric:1
          RX packets:148 errors:0 dropped:0 overruns:0 frame:0
          TX packets:148 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:0
 
ppp0      Link encap:Point-to-Point Protocol
          inet addr:203.134.57.200  P-t-P:203.134.19.47  Mask:255.255.255.255
          UP POINTOPOINT RUNNING NOARP MULTICAST  MTU:1500  Metric:1
          RX packets:556 errors:25 dropped:0 overruns:0 frame:25
          TX packets:584 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:10
            [root@mike /root]# route -n

I can't use netscape and localhost at all
my hosts is:
127.0.0.1	localhost.localdomain	localhost
192.168.0.1	mike

my host.conf:
order hosts,bind
multi on

my  /etc/sysconfig/network:
NETWORKING=yes
FORWARD_IPV4=true
HOSTNAME="localhost.localdomain"
DOMAINNAME=localdomain

and internet sharing is enabled

I can't use netscape on localhost at all.

I upgraded to rc and everything seems to be 
better than the betas but I cannot get internet connect to work as user