Talk:NMT:telnetd
OK SO I followed your instructions, and there's been some dramatic changes to the installation apparently since you accomplished your mission.
Here's an updated installation directory tree: http://pastebin.com/fafee1fe
I've downloaded your busybox application, and updated the ftpserver.sh to include:
/mnt/syb8634/bin/busybox26 telnetd -l /bin/sh -p 23 &
Tested and works.