This might come in handy for anyone else trying out dracut on Arch.
--- /dev/null
+pkgname=dracut-git
+pkgver=$(date +%s)
+pkgrel=$(git log --pretty=format:%h |head -n 1)
+pkgdesc="Initramfs generation utility"
+arch=('i686' 'x86_64')
+url="http://sourceforge.net/apps/trac/dracut/"
+license=('GPL')
+conflicts=('dracut' 'mkinitcpio')
+provides=('dracut=9999' 'mkinitcpio=9999')
+depends=('bash')
+optdepends=('cryptsetup' 'lvm2')
+makedepends=('libxslt')
+source=()
+md5sums=()
+
+build() {
+ cd ..
+ make sysconfdir=/etc || return 1
+ make DESTDIR="${pkgdir}" sysconfdir=/etc install || return 1
+}
\ No newline at end of file