My JBoss 5.0.1 deploys my webbeans correctly, but doesn't seem to bother what's in the web-beans.xml. I put in a few wrong tags in there, but it doesn't crib about it on initialization.
Here's the web-beans.xml

<WebBeans xmlns="urn:java:javax.webbeans"
           xmlns:myapp="urn:java:uk.co.netdev.cie"
           xmlns:myfxts="urn:java:uk.co.netdev.cie.webbeans.fixtures"
           xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
           xsi:schemaLocation="urn:java:javax.webbeans http://java.sun.com/jee/web-beans-1.0.xsd">


    <Deploy>
        <Production/>
        <myfxts:AxtelDeployDT/>
    </Deploy>

    <Nirav>
        <Production/>
        <myfxts:AxtelDeployDT/>
    </Nirav>

</WebBeans>

Here's the Deployment Trace:

14:27:15,424 INFO  [WebBeansBootstrap] Starting Web Beans RI 1.0.0.ALPHA2
14:27:15,559 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'plan' uk.co.netdev.cie.datamodel.routing.Plan,  API types = [Object, Plan, Serializable], binding types = [@Current]
14:27:15,561 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.util.HibernateMain,  API types = [Object, HibernateMain], binding types = [@Current]
14:27:15,562 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'subscriptionAttribute' uk.co.netdev.cie.datamodel.routing.SubscriptionAttribute,  API types = [Object, SubscriptionAttribute, Serializable], binding types = [@Current]
14:27:15,563 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.util.HibernateUtil,  API types = [Object, HibernateUtil], binding types = [@Current]
14:27:15,565 INFO  [BeanDeployer] Web Bean: Dependent simple bean 'planExecutor' uk.co.netdev.cie.behaviour.core.impl.PlanExecutor,  API types = [Object, PlanExecutor, PlanExecutorIF], binding types = [@Current]
14:27:15,566 INFO  [BeanDeployer] Web Bean: Session scoped simple bean 'outcome' uk.co.netdev.cie.datamodel.routing.Outcome,  API types = [Object, Outcome, Serializable], binding types = [@Current]
14:27:15,567 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'nodeOutcome' uk.co.netdev.cie.datamodel.routing.NodeOutcome,  API types = [NodeOutcome, Object, Serializable], binding types = [@Current]
14:27:15,568 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'screeningListEntry' uk.co.netdev.cie.datamodel.feature.ScreeningListEntry,  API types = [ScreeningListEntry, Object, Serializable], binding types = [@Current]
14:27:15,569 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'application' uk.co.netdev.cie.datamodel.routing.Application,  API types = [Application, Object, Serializable], binding types = [@Current]
14:27:15,570 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'domain' uk.co.netdev.cie.datamodel.routing.Domain,  API types = [Object, Domain, Serializable], binding types = [@Current]
14:27:15,570 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'accountDomain' uk.co.netdev.cie.datamodel.core.AccountDomain,  API types = [Object, AccountDomain, Serializable], binding types = [@Current]
14:27:15,571 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.core.CIERoot,  API types = [Object, CIERoot], binding types = [@Current]
14:27:15,572 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'axtelNormalizeBehaviour' uk.co.netdev.cie.behaviour.feature.impl.AxtelNormalizeBehaviour,  API types = [FeatureBehaviourIF, Object, NormalizeBehaviour, FeatureBehaviour, AxtelNormalizeBehaviour, Serializable], binding types = [@Current]
14:27:15,573 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'account' uk.co.netdev.cie.datamodel.core.Account,  API types = [Object, Account, Serializable], binding types = [@Current]
14:27:15,574 INFO  [BeanDeployer] Web Bean: Session scoped simple bean 'cieUser' uk.co.netdev.cie.datamodel.security.CieUser,  API types = [Object, CieUser, Serializable], binding types = [@Current]
14:27:15,575 INFO  [BeanDeployer] Web Bean: Session scoped simple bean 'cieGroup' uk.co.netdev.cie.datamodel.security.CieGroup,  API types = [CieGroup, Object, Serializable], binding types = [@Current]
14:27:15,575 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.utils.TimeIndexIdentifierGenerator,  API types = [Object, TimeIndexIdentifierGenerator, IdentifierGenerator], binding types = [@Current]
14:27:15,576 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'screeningList' uk.co.netdev.cie.datamodel.feature.ScreeningList,  API types = [Object, Serializable, ScreeningList], binding types = [@Current]
14:27:15,577 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.utils.TimeIpIdentifierGenerator,  API types = [Object, IdentifierGenerator, TimeIpIdentifierGenerator], binding types = [@Current]
14:27:15,580 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'node' uk.co.netdev.cie.datamodel.routing.Node,  API types = [Node, Object, Serializable], binding types = [@Current]
14:27:15,581 INFO  [BeanDeployer] Web Bean: Session scoped simple bean 'featurePermission' uk.co.netdev.cie.datamodel.security.FeaturePermission,  API types = [Object, FeaturePermission, Serializable], binding types = [@Current]
14:27:15,582 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'featureBehaviour' uk.co.netdev.cie.behaviour.feature.impl.FeatureBehaviour,  API types = [FeatureBehaviourIF, Object, FeatureBehaviour, Serializable], binding types = [@Current]
14:27:15,583 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.core.AccountAttributeID,  API types = [Object, AccountAttributeID, Serializable], binding types = [@Current]
14:27:15,585 INFO  [BeanDeployer] Web Bean: Dependent simple bean 'executor' uk.co.netdev.cie.util.Executor,  API types = [Object, Executor, Serializable], binding types = [@Current]
14:27:15,586 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.routing.NodeConnectionID,  API types = [NodeConnectionID, Object, Serializable], binding types = [@Current]
14:27:15,588 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.utils.TimeIpUids,  API types = [TimeIpUids, Object], binding types = [@Current]
14:27:15,589 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'accountAttribute' uk.co.netdev.cie.datamodel.core.AccountAttribute,  API types = [Object, AccountAttribute, Serializable], binding types = [@Current]
14:27:15,590 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.feature.FeatureData,  API types = [Object, FeatureData, Serializable], binding types = [@Current]
14:27:15,592 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'connectBehaviour' uk.co.netdev.cie.behaviour.feature.impl.ConnectBehaviour,  API types = [FeatureBehaviourIF, Object, FeatureBehaviour, Serializable, ConnectBehaviour], binding types = [@Current]
14:27:15,595 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'feature' uk.co.netdev.cie.datamodel.routing.Feature,  API types = [Feature, Object, Serializable], binding types = [@Current]
14:27:15,596 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.routing.PlanDomainID,  API types = [PlanDomainID, Object, Serializable], binding types = [@Current]
14:27:15,596 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.core.AccountDomainID,  API types = [AccountDomainID, Object, Serializable], binding types = [@Current]
14:27:15,597 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'subscription' uk.co.netdev.cie.datamodel.routing.Subscription,  API types = [Object, Subscription, Serializable], binding types = [@Current]
14:27:15,598 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'eircomNormalizeBehaviour' uk.co.netdev.cie.behaviour.feature.impl.EircomNormalizeBehaviour,  API types = [FeatureBehaviourIF, Object, NormalizeBehaviour, FeatureBehaviour, EircomNormalizeBehaviour, Serializable], binding types = [@Current]
14:27:15,599 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'planDomain' uk.co.netdev.cie.datamodel.routing.PlanDomain,  API types = [Object, PlanDomain, Serializable], binding types = [@Current]
14:27:15,608 INFO  [BeanDeployer] Web Bean: Annotated Dependent unnamed producer method bean [org.jboss.webbeans.transaction.UserTransaction]
   API types [interface javax.transaction.UserTransaction, class java.lang.Object, interface org.jboss.webbeans.transaction.UserTransaction], binding types [@javax.inject.Current()]

14:27:15,608 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean org.jboss.webbeans.transaction.Transaction,  API types = [Object, Transaction], binding types = [@Current]
14:27:15,609 INFO  [BeanDeployer] Web Bean: Session scoped simple bean 'accountPermission' uk.co.netdev.cie.datamodel.security.AccountPermission,  API types = [Object, AccountPermission, Serializable], binding types = [@Current]
14:27:15,610 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'nodeConnection' uk.co.netdev.cie.datamodel.routing.NodeConnection,  API types = [Object, NodeConnection, Serializable], binding types = [@Current]
14:27:15,611 INFO  [BeanDeployer] Web Bean: Dependent simple bean 'nodeResolver' uk.co.netdev.cie.behaviour.core.impl.NodeResolver,  API types = [NodeResolverIF, Object, NodeResolver], binding types = [@Current]
14:27:15,611 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'nodeAttribute' uk.co.netdev.cie.datamodel.routing.NodeAttribute,  API types = [Object, NodeAttribute, Serializable], binding types = [@Current]
14:27:15,612 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'featureParameter' uk.co.netdev.cie.datamodel.routing.FeatureParameter,  API types = [Object, FeatureParameter, Serializable], binding types = [@Current]
14:27:15,613 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'prefixNormalizeBehaviour' uk.co.netdev.cie.behaviour.feature.impl.PrefixNormalizeBehaviour,  API types = [FeatureBehaviourIF, Object, NormalizeBehaviour, PrefixNormalizeBehaviour, FeatureBehaviour, Serializable], binding types = [@Current]
14:27:15,614 INFO  [BeanDeployer] Web Bean: Dependent simple bean 'cie' uk.co.netdev.cie.util.Cie,  API types = [Object, Cie], binding types = [@Current]
14:27:15,614 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'releaseBehaviour' uk.co.netdev.cie.behaviour.feature.impl.ReleaseBehaviour,  API types = [FeatureBehaviourIF, Object, FeatureBehaviour, ReleaseBehaviour, Serializable], binding types = [@Current]
14:27:15,615 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.utils.TimeIndexUids,  API types = [Object, TimeIndexUids], binding types = [@Current]
14:27:15,618 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'resolveBehaviour' uk.co.netdev.cie.behaviour.feature.impl.ResolveBehaviour,  API types = [ResolveBehaviour, FeatureBehaviourIF, Object, FeatureBehaviour, Serializable], binding types = [@Current]
14:27:15,619 INFO  [BeanDeployer] Web Bean: Application scoped simple bean 'normalizeBehaviour' uk.co.netdev.cie.behaviour.feature.impl.NormalizeBehaviour,  API types = [FeatureBehaviourIF, Object, NormalizeBehaviour, FeatureBehaviour, Serializable], binding types = [@Current]
14:27:15,620 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.utils.TimeIndexUidsMain,  API types = [Object, TimeIndexUidsMain], binding types = [@Current]
14:27:15,620 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.feature.ScreeningListEntryID,  API types = [Object, ScreeningListEntryID, Serializable], binding types = [@Current]
14:27:15,621 INFO  [BeanDeployer] Web Bean: Conversation scoped simple bean 'domainParameter' uk.co.netdev.cie.datamodel.routing.DomainParameter,  API types = [Object, DomainParameter, Serializable], binding types = [@Current]
14:27:15,621 INFO  [BeanDeployer] Web Bean: Dependent unnamed simple bean uk.co.netdev.cie.datamodel.security.CieUserID,  API types = [Object, CieUserID, Serializable], binding types = [@Current]
14:27:15,631 INFO  [WebBeansBootstrap] Web Beans initialized. Validating beans.

All sorted! :)
Downloaded 1.0.0.BETA1
Works Now.

Cheers!
Nirav