asterisk users - Sep 2006 - Asterisk 1.4 autoconf and /etc/asterisk directory

I just downloaded asterisk 1.4beta2, and did a:

./configure --prefix=/home/pbx/1.4

[11:03][root@labpbx1(pbx1):asterisk-1.4.0-beta2]# ls /home/pbx/1.4
bin  include  lib  sbin  share

What happened to etc? If I do a 'make samples', the default conf files
get thrown in /etc/asterisk.

Doug.