Max:Lucifer$ avrdude -vv -c arduino-ft232r -p m328p

avrdude: Version 5.11svn, compiled on Feb 11 2012 at 22:01:08
         Copyright (c) 2000-2005 Brian Dean, http://www.bdmicro.com/
         Copyright (c) 2007-2009 Joerg Wunsch

         System wide configuration file is "/opt/local/etc/avrdude.conf"
         User configuration file is "/Volumes/Max/.avrduderc"
         User configuration file does not exist or is not a regular file, skipping

         Using Port                    : usb
         Using Programmer              : arduino-ft232r
         AVR Part                      : ATmega328P
         Chip Erase delay              : 9000 us
         PAGEL                         : PD7
         BS2                           : PC2
         RESET disposition             : dedicated
         RETRY pulse                   : SCK
         serial program mode           : yes
         parallel program mode         : yes
         Timeout                       : 200
         StabDelay                     : 100
         CmdexeDelay                   : 25
         SyncLoops                     : 32
         ByteDelay                     : 0
         PollIndex                     : 3
         PollValue                     : 0x53
         Memory Detail                 :

                                  Block Poll               Page                       Polled
           Memory Type Mode Delay Size  Indx Paged  Size   Size #Pages MinW  MaxW   ReadBack
           ----------- ---- ----- ----- ---- ------ ------ ---- ------ ----- ----- ---------
           eeprom        65    20     4    0 no       1024    4      0  3600  3600 0xff 0xff
           flash         65     6   128    0 yes     32768  128    256  4500  4500 0xff 0xff
           lfuse          0     0     0    0 no          1    0      0  4500  4500 0x00 0x00
           hfuse          0     0     0    0 no          1    0      0  4500  4500 0x00 0x00
           efuse          0     0     0    0 no          1    0      0  4500  4500 0x00 0x00
           lock           0     0     0    0 no          1    0      0  4500  4500 0x00 0x00
           calibration    0     0     0    0 no          1    0      0     0     0 0x00 0x00
           signature      0     0     0    0 no          3    0      0     0     0 0x00 0x00

         Programmer Type : ftdi_syncbb
         Description     : Arduino: FT232R connected to ISP
         Pin assignment  : 1..8 = DBUS0..7, 9..12 = GPIO0..3
           RESET   =  8
           SCK     =  6
           MOSI    =  7
           MISO    =  4

 ft245r:  spi bitclk 75000 -> ft baudrate 150000
buffer overflow. Cannot happen!
avrdude: ft245r_program_enable: failed
avrdude: initialization failed, rc=-1
         Double check connections and try again, or use -F to override
         this check.