So, I burned Lolo-2.3.3 on my REV 1 LITEKIT and the cf works now, but sometimes I must power cycle the board just as commented by dadawan.
NOTE: Flashing the new LOLO version didn't go without suspense:
I first tried the easy way: 1007306_lolo.upd
*****************************************************************
LogicLoader
(c) Copyright 2002-2006, Logic Product Development, Inc.
All Rights Reserved.
Version pre2.4-IMX31_10 0001
*****************************************************************
losh>
losh> update
send update file:
update failed
error: update: file for wrong platform
losh> update
send update file:
update failed
error: update: file for wrong platform
losh>
I tried then with the elf file: 1007306_lolo.elf
*****************************************************************
LogicLoader
(c) Copyright 2002-2006, Logic Product Development, Inc.
All Rights Reserved.
Version pre2.4-IMX31_10 0001
*****************************************************************
losh> load elf
loading from stdin:
...............................
ELF section 0: download address: 0x80200060 load address: 0xa0000000
loaded 253500 @ 0xa0000000 Flash
...done
file loaded to ram buffer, destined for flash addr: 0xa0000000
losh> burn
*****************************************************************
*****************************************************************
Warning
You are about to overwrite flash block zero.
Flash block zero is the default boot sector for this device.
If programming fails for any reason (power loss, bad image, etc.)
your system may no longer boot.
Even if programming completes successfully, if the new image
does not boot properly your system may become useless.
Confirmation is required before continuing.
*****************************************************************
*****************************************************************
Do you wish to continue? (y/n)
Please type "confirm" to confirm: confirm
burning 253500 bytes from 80200000 to /dev/flash0
erasing flash: 100%
burning flash: 100%
burn good (253500 bytes)
losh>
*****************************************************************
LogicLoader
(c) Copyright 2002-2006, Logic Product Development, Inc.
All Rights Reserved.
Version 2.3.3-IMX31_10 0001
*****************************************************************
losh>