Yes, it appear to be running, but not as root. Here is the running processes as listed by ps.
root@OpenWrt:~# ps
PID Uid VmSize Stat Command
1 root 396 S init
2 root SWN [ksoftirqd/0]
3 root SW< [events/0]
4 root SW< [khelper]
5 root SW< [kthread]
17 root SW< [kblockd/0]
28 root SW [pdflush]
29 root SW [pdflush]
30 root SW< [kswapd0]
31 root SW< [aio/0]
41 root SW [mtdblockd]
174 root SWN [jffs2_gcd_mtd2]
188 root 404 S logger -s -p 6 -t
190 root 244 S init
198 root 332 S /sbin/syslogd -C16 -m 0
201 root 288 S /sbin/klogd
225 root 268 S /sbin/hotplug2 --override --persistent --max-children
436 root 324 S crond -c /etc/crontabs
440 root 328 S /usr/sbin/dropbear -p 22
447 root 180 S httpd -p 80 -h /www -r OpenWrt
456 nobody 364 S /usr/sbin/dnsmasq
470 root 180 S httpd -p 1471 -h /karma/www -r karma -c /karma/etc/ht
471 root 336 S logread -f
472 root 500 S /bin/sh /etc/rc.common /etc/rc.d/S91jasager boot
473 root 316 S tail -f /tmp/status.log
474 root 432 S /bin/sh /karma/bin/logwatch
515 root 220 S udhcpc -t 0 -i br-lan -r 192.168.0.250 -b -p /var/run
516 root 556 S /usr/sbin/dropbear -p 22
517 root 500 S -ash
528 root 404 R ps
root@OpenWrt:~#