1. With 3725, it is not possible to have working portchannel with ROUTED interfaces. BUT it is possible to have it working with L2 interfaces (NM-16ESW):
Code:
interface Port-channel2
switchport access vlan 2
!
interface FastEthernet1/0
switchport access vlan 2
channel-group 2 mode on
!
interface FastEthernet1/1
switchport access vlan 2
channel-group 2 mode on
!
interface Vlan2
ip address 192.168.2.2 255.255.255.0
!
And it works.
2. It is possible to have Port-Channel with routed interfaces connected, but you have to use 7200 router (also, please notice that I have tested that feature with IOS 15.x), I used PA-2FE-TX card in slot 1.
Code:
interface Port-channel2
ip address 192.168.2.1 255.255.255.0
hold-queue 150 in
!
interface FastEthernet1/0
no ip address
duplex auto
speed auto
channel-group 2
!
interface FastEthernet1/1
no ip address
duplex auto
speed auto
channel-group 2
!