DHCP config struggles (serious struggle, or maybe just being stupid ...)

I have a straaaaaaange problem with a Solaris 10 host acting as a dhcp server. I can not get an ip adress allocated even though the configuration works in an almost exact setup for another Solaris 10 host.

The <host> in question has one piece of BOOTP booting <equipment> hooked up to bge0, with no other network nodes on that network. <equipment> should get an ip address from the host and then read boot files but I can not get the dhcp allocation to work.

The setup that is also used on the other system (called <host2> and <equipment2>, that works(!), is included below with a log from in.dhcpd when running in debug mode. This setup works on the other system, but for <host> <equipment> the dhcp server refuses to allocate the ip address, instead it logs:
BOOTP client: 0100005012608A is looking for a configuration on net 192.168.10.0

Anyone got any bright ideas what's wrong?
/Lars

===========================================

# ifconfig -a [truncated]
lo0: flags=2001000849<UP,LOOPBACK,RUNNING,MULTICAST,IPv4,VIRTUAL> mtu 8232 index 1
        inet 127.0.0.1 netmask ff000000
bge0: flags=1000843<UP,BROADCAST,RUNNING,MULTICAST,IPv4> mtu 1500 index 2
        inet 192.168.10.10 netmask ffffff00 broadcast 192.168.10.255
        ether 0:21:28:46:bb:6c

# cat /etc/inet/dhcpsvc.conf:
DAEMON_ENABLED=TRUE
BOOTP_COMPAT=manual
RESOURCE=SUNWfiles
RUN_MODE=server
PATH=/var/dhcp
CONVER=1
HOSTS_RESOURCE=files
VERBOSE=TRUE
ICMP_VERIFY=TRUE
OFFER_CACHE_TIMEOUT=300
LOGGING_FACILITY=0
INTERFACES=bge0


# dhtadm -P
Name                    Type            Value
==================================================
192.168.10.0             Macro           :Subnet=255.255.255.0:RDiscvyF=1:Broadcst=192.168.10.255:BootFile="bootrom.sys":BootSrvA=192.168.10.10:
Locale                  Macro           :UTCoffst=3600:


# pntadm -L
192.168.10.0
# pntadm -P 192.168.10.0
Client ID       Flags   Client IP       Server IP       Lease Expiration                Macro           Comment

0100005012608A  03      192.168.10.2     <host primary ip>     Zero                            192.168.10.0    

dhcp-server log:

Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 190620 daemon.info] Daemon started.
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 651122 daemon.info] Daemon Version: 3.5
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 321393 daemon.info] Maximum relay hops: 4
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 731143 daemon.info] Transaction logging to syslog enabled.
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 458212 daemon.info] Run mode is: DHCP Server Mode.
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 921008 daemon.info] Datastore resource: SUNWfiles
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 649530 daemon.info] Location: /var/dhcp
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 205230 daemon.info] DHCP offer TTL: 300
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 742362 daemon.info] BOOTP compatibility enabled.
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 869032 daemon.info] ICMP validation timeout: 1000 milliseconds, Attempts: 1.
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 716927 daemon.info] Maximum concurrent clients: 16384
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 159529 daemon.info] Maximum threads: 4096
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 886918 daemon.info] Read 2 entries from DHCP macro database on Mon Feb 28 15:32:07 2011
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 532967 daemon.info] Thread Id: 0003 - Monitoring Interface: bge0 *****
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 370501 daemon.info] MTU: 1500  Type: SOCKET
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 254940 daemon.info] Broadcast: 192.168.10.255
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 862798 daemon.info] Netmask: 255.255.255.0
Feb 28 15:32:07 <host> in.dhcpd[9288]: [ID 528402 daemon.info] Address: 192.168.10.10
Feb 28 15:50:48 <host> in.dhcpd[9288]: [ID 277889 daemon.info] BOOTP client: 0100005012608A is looking for a configuration on net 192.168.10.0
Feb 28 15:51:03 <host> in.dhcpd[9288]: [ID 277889 daemon.info] BOOTP client: 0100005012608A is looking for a configuration on net 192.168.10.0