The /3.4/os/s390x/ directory includes a lot of subdirectories that do not have write permission for the owner. For example:
# rsync msync.centos.org::CentOS/3.4/os/s390x/ [...snip...] dr-xr-xr-x 4096 2005/05/15 21:01:50 RedHat [...snip...]
Of course that rsync fails creating some symlinks in that directory if it runs as an unpriviledged user.
Running rsync as root is not an acceptable workaround.
Mihai