Ah-ha! - Found this nugget, followed it - and now tentacle_server is up and operational.
Once the server is installed, the script tentacle_serverd, located at /usr/share/pandora/util can be used to start it automatically every time the sistem boots up.
Before copying the script is a good idea to edit it, and check that the values of the variables PANDORA_SERVER_PATH, TENTACLE_DAEMON, TENTACLE_PATH, TENTACLE_USER, TENTACLE_ADDR and TENTACLE_PORT, located at the begining of the script, are correct.
Extra parameters can be added for advanced configurations, to do so, use the Tentacle server variable TENTACLE_EXT_OPTS.
To install the script run:
cp /usr/share/pandora/util/tentacle_serverd /etc/init.d/
ln -s /etc/init.d/tentacle_serverd /etc/rc2.d/S90tentacle_serverd
It's now up and operational (and if I'd have just known more about linux, this would've been an EASY setup!)
I see my winbox and things are lookin good.
Thanks a ton for all your help - I'll be reading up on how to set this up for each my servers and send alerts and things... Thanks again for ALL your help!