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.