Hmm I'm having the same problem.

On the PS loading screen where the MOTD appearts, it doesn't have the usual "loading entity" message. Here is the console log
PSLoader: step 2: success
crystalspace.maploader.parse.image:
[40m[33m[1m Could not open image file '/this/art/effects/target.dds' on VFS!
[0m
crystalspace.maploader.parse.texture:
[40m[33m[1m Could not load texture 'target', using checkerboard instead
[0m[40m[33m[1m [node: library,textures,texture(name=target)]
[0m
crystalspace.maploader.parse.image:
[40m[33m[1m Could not open image file '/this/art/effects/rect_texture1.dds' on VFS!
[0m
crystalspace.maploader.parse.texture:
[40m[33m[1m Could not load texture 'rect_texture1', using checkerboard instead
[0m[40m[33m[1m [node: library,textures,texture(name=rect_texture1)]
[0m
planeshift.application.client:
PSLoader: step 3: success
<src/common/util/psxmlparser.cpp:282> ParseFile:
[40m[31m[1m Could not find file: /planeshift/world/podium/sound.xml
[0m[40m[31m[1m Could not find file: /planeshift/world/terr_common/sound.xml
[0m
planeshift.application.client:
PSLoader: step 4: success
<src/client/psclientdr.cpp:237> HandleStatsUpdate:
[40m[31m[1m Stat request failed because CelClient not ready for 641
[0m
crystalspace.engine.warning:
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0mRegion hydlaa_common loaded successfully in 1063ms
<src/client/psclientdr.cpp:237> HandleStatsUpdate:
[40m[31m[1m Stat request failed because CelClient not ready for 641
[0m
crystalspace.thingloader.parse:
[40m[33m[1m Bad UV coordinates for polygons in this thing!
[0m[40m[33m[1m [node:
world,sector(name=hydlaa_plaza),meshobj(name=_s_laanx_statue_01V15a_02),param
s]
[0m[40m[33m[1m Bad UV coordinates for polygons in this thing!
[0m[40m[33m[1m [node: world,sector(name=hydlaa_plaza),meshobj(name=hydlaaplaza),params]
[0m[40m[33m[1m Bad UV coordinates for polygons in this thing!
[0m[40m[33m[1m [node: world,sector(name=hydlaa_plaza),meshobj(name=_s_WoodsEnd01),params]
[0m
crystalspace.engine.warning:
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0m[40m[33m[1m Couldn't load cached lighting for 36 object(s):
[0m[40m[33m[1m _s_street_NEW_05
[0m[40m[33m[1m _s_walkway_023
[0m[40m[33m[1m _s_walkway_024
[0m[40m[33m[1m _s_walkway_026
[0m[40m[33m[1m ...
[0m[40m[33m[1m Use -relight cmd option to refresh lighting.
[0mRegion hydlaa_plaza loaded successfully in 6455ms
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0m[40m[33m[1m Couldn't load cached lighting for 1 object(s):
[0m[40m[33m[1m openbook01
[0m[40m[33m[1m Use -relight cmd option to refresh lighting.
[0mRegion laanx loaded successfully in 1161ms
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0mRegion hydungeon loaded successfully in 65ms
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0mRegion tavern_de_kadel loaded successfully in 1591ms
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0m[40m[33m[1m Couldn't load cached lighting for 302 object(s):
[0m[40m[33m[1m _s_stairs_01_014
[0m[40m[33m[1m _s_stairs_borders_01_010
[0m[40m[33m[1m _s_stairs_borders_01_011
[0m[40m[33m[1m _s_dungeon_ceiling_01_051
[0m[40m[33m[1m ...
[0m[40m[33m[1m Use -relight cmd option to refresh lighting.
[0mRegion wtower loaded successfully in 2428ms
<src/client/zonehandler.cpp:175> HandleMessage:
[40m[33m[1m Still loading maps, ignoring crossing to sector hydlaa_plaza.
[0m
crystalspace.engine.warning:
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0m[40m[33m[1m Couldn't load cached lighting for 2 object(s):
[0m[40m[33m[1m _s_hall01Lg01_41
[0m[40m[33m[1m _s_hall01Lg01_40
[0m[40m[33m[1m Use -relight cmd option to refresh lighting.
[0mRegion hyarena loaded successfully in 853ms
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0m[40m[33m[1m Couldn't load cached lighting for 20 object(s):
[0m[40m[33m[1m _s_tunnelwall01
[0m[40m[33m[1m _s_tunnelroad01
[0m[40m[33m[1m road31
[0m[40m[33m[1m grass02
[0m[40m[33m[1m ...
[0m[40m[33m[1m Use -relight cmd option to refresh lighting.
[0mRegion hyjayose loaded successfully in 381ms
crystalspace.maploader.parse.image:
[40m[33m[1m Could not open image file 'grasstuft01.dds' on VFS!
[0m
crystalspace.maploader.parse.texture:
[40m[33m[1m Could not load texture 'grasstuft01.dds', using checkerboard instead
[0m[40m[33m[1m [node: world,textures,texture(name=grasstuft01.dds)]
[0m
crystalspace.engine.warning:
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0m[40m[33m[1m Couldn't load cached lighting for 10 object(s):
[0m[40m[33m[1m _g_skydome_02
[0m[40m[33m[1m _g_stone02_08
[0m[40m[33m[1m _g_grasstuft01_193
[0m[40m[33m[1m _g_grasstuft01_194
[0m[40m[33m[1m ...
[0m[40m[33m[1m Use -relight cmd option to refresh lighting.
[0mRegion hybdr loaded successfully in 890ms
<src/client/psclientdr.cpp:196> HandleDeadReckon:
[40m[31m[1m Got DR message for unknown entity 651.
[0m[40m[31m[1m Got DR message for unknown entity 651.
[0m
crystalspace.engine.warning:
[40m[33m[1m Lightmaps are not up to date (no 'lm_precalc_info' found in cache).
[0m[40m[33m[1m Use -relight cmd option to calc lighting.
[0mRegion hysewers loaded successfully in 794ms
<src/client/psengine.cpp:1483> BuildAppearance:
[40m[31m[1m Failed to set trait <traits><trait id="141" next="0" loc="HAIR_COLOR"
mesh="0" mat="0" tex="0" shader="0.30,0.16,0.16"/></traits> for mesh.
[0m
planeshift.application.client:
PSLoader: step 5: success
Can anyone tell me what "got DR message for unknown entity 651" means?