Ive seen some posts on a redirect loop. I had the same problem. I did a fresh install of 2.6 and afterwards I could not login to the admin pages due to a loop. Im positive I did not have any problems with htaccess or config. Everything was generated by WPMU, and my PHP and Apache setup are fine (they've been running 1.5.1 without a problem).
Since I had a working 1.5.1 setup, I could see what differences there are. I narrowed it down to the SECRET_SALT.
This works:
define('SECRET_SALT','ithinkitsuniqueallrightareyousureyes');
This doesnt work (auto-generated by WPMU):
define('SECRET_SALT','210a82586667a37e1f28cda87fcb15767d1756032a4395fd62285a80332e65dc');
This may be whats hitting everyone that's reporting this issue. The SECRET_SALT that is auto-generated by the install for wp-config.php seems to be causing the redirect loop. Maybe some cookie issue.