I can reproduce this problem with 7.10 installed on my notebook. eth0 (in my case) just doesn't come up. a simple $ sudo ifup eth0 is enough to make it work with a static ip.
I can reproduce this problem with 7.10 installed on my notebook. eth0 (in my case) just doesn't come up. a simple
$ sudo ifup eth0
is enough to make it work with a static ip.