Below is my dchpd.conf. It may help but your conf looks fine.
What is the output from route and ifconfig? Is it possible that your eth0 card has not been initialized and assigned an IP when dhcpd tries to start?
Have you tried starting dhcpd manually? "service dhcpd restart" should do the trick.
hth,
Daniel
dhcpd.conf
=================================================================
# Home
ddns-update-style ad-hoc;
subnet 192.168.1.0 netmask 255.255.255.0 {
#My ISP's nameservers
option domain-name-servers 202.180.64.9, 202.180.64.2;
option broadcast-address 192.168.1.255;
option subnet-mask 255.255.255.0;
ddns-updates on;
range 192.168.1.10 192.168.1.254;
option routers 192.168.1.1;
allow unknown-clients;
}
==================================================================