After what seems like eternity, 2 days to be exact. I finally saw the login screen.
Thats after migrating from the old acegi 0.8x to acegi 1.x. Same concepts, different naming conventions, some bean reconfigurations. After which, I thought, why not update the spring libraries as well (circa 2005 libraries)? and why not upgrade to Hibernate3 as well? I think I accelerated the growth of my white hairs a bit. And thats coming from bed loving flu a week back.
All in all the Hibernate2 to Hibernate3 sucks the most.