Michel, thanks for the quick reply!
Firmware is 2.8.16
Programs DO continue to run.
The error log I pulled started with - Thu 2011/12/01 03:00:45 AM System -100 [DHCP] state=RENEW
Then repeated that twice every 10 seconds until this morning at 7am it changed RENEW to REBIND and then kept logging it twice every ten seconds until I rebooted it.
I do have an IP assigned to my ISY in my router and did update the firmware on my router after my first post.