This reverts commit 1d29ebeb.

Bumping up the earlytimer initialization causes IRQs to be enabled too
early, which blows up lockdep:

...
NR_IRQS:256 nr_irqs:256
------------[ cut here ]------------
Badness at kernel/lockdep.c:2128

Pid : 0, Comm:          swapper
CPU : 0                 Not tainted  (2.6.31-rc3-00205-g3ed6e129-dirty #2443)

PC is at trace_hardirqs_on_caller+0x48/0x10c
PR is at trace_hardirqs_on_caller+0x3c/0x10c
...

Revert it back to late_time_init time, which fixes up lockdep.
Signed-off-by: Paul Mundt <lethal@linux-sh.org>