ERROR "context --version"

ERROR "context --version"

[jazz_johnson]

I have installed context-2011 as part of a system-wide texlive-2011 
installation on Gentoo.

Following various guides, I have done the following as a normal user:

1) rm -r ~/.texlive
2) luatools --generate
3) mtxrun --generate 
4) context --make cont-en 
5) context --generate

But I get the following error when running "context --version":
        mtx-context     | main context file: unknown, 'context.mkiv' not found 

But I have context.mkiv installed in
/usr/share/texmf-dist/tex/context/base/

The 2011 version of context no longer has a "context.tex" file 
in the main CONTEXT distribution zipfile 
http://www.pragma-ade.com/context/current/cont-tmf.zip

In outdated guides, it was mentioned that "context.tex" contained the version 
string.

I have posted to the Gentoo-forums for help
http://forums.gentoo.org/viewtopic-p-6875338.html#6875338

but I don't know wherein the problem lies.
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