Hans,

When I try:

011-101:/usr/local/teTeX/share/texmf.local/context/data davidarnold$  
sudo texfont --encoding=texnansi -batch type-tmf.dat

I get a slew of messages similar to this last one:

TeXFont 2.2.1 - ConTeXt / PRAGMA ADE 2000-2004

           slant factor : 0.167
          checking root : TEXMFMAIN
     processing aborted : unknown subpath ../fonts/afm/urw/ncntrsbk

                 --help : show some more info

Some extra information:

texexec --verbose reports:

applications will use : /usr/local/teTeX/texmf.cnf

This last file is attached.