the btpan interface picks up its address correctly now -:

[dhclient] receive_packet: iface=net2 rfdesc=5 result=310 errno=0 from=10.38.36.71
[dhclient] dhcpack: accepted offer 10.38.36.118 state=4
[dhclient] bind_lease: state=4 new_addr=10.38.36.118
[dhclient] aros_apply_lease: reason=BOUND interface=net2 ip=10.38.36.118 mask=255.255.255.0 gw=10.38.36.71

and ethernet also picks its up correctly -:

[dhclient] receive_packet: iface=eth0 rfdesc=6 result=300 errno=0 from=192.168.200.254
[dhclient] dhcpack: accepted offer 192.168.200.175 state=4
[dhclient] bind_lease: state=4 new_addr=192.168.200.175
[dhclient] aros_apply_lease: reason=BOUND interface=fdesc=9 dst=ff02::1:2 len=52