[tex-live] Problem with PATH?

[Jobst Hoffmann]

I've just stumbled across a (personal?) configuration problem:
after defining the PATH variable (Linux x86_64 system) as

$ export
PATH=.:/home/xxx/bin:/usr/local/texlive/2009/bin/x86_64-linux:/usr/bin:/bin:/usr/local/sbin:/usr/sbin:/sbin

I got a result for 

$ kpsewhich -all fancyref.sty

like

/usr/local/texlive/2009/../texmf-local/tex/latex/fancyref/fancyref.sty
/usr/local/texlive/2009/texmf-dist/tex/latex/fancyref/fancyref.sty

(what I've expected, I've modified fancyref.sty according personal
needs)

but after 

$ export
PATH=.:/home/xxx/bin:/usr/local/texlive/2010/bin/x86_64-linux:/usr/bin:/bin:/usr/local/sbin:/usr/sbin:/sbin

the command

$ kpsewhich -all fancyref.sty

gave the output

/usr/local/texlive/2010/texmf-dist/tex/latex/fancyref/fancyref.sty

In /usr/local/texlive/2010/web2c/texmf.cnf I find

TEXMFLOCAL = $SELFAUTOPARENT/../texmf-local

and 

TEXMF = {$TEXMFCONFIG,$TEXMFVAR,$TEXMFHOME,!!$TEXMFSYSCONFIG,!!
TEXMFSYSVAR,!!TEXMFMAIN,!!$TEXMFLOCAL,!!$TEXMFDIST}

So I would expect same results for both 2009 and 2010 versions. What am
I doing wrong?

Kind regards and Happy TeXing
Jobst
-- 
Prof. Dr. Jobst Hoffmann            Tel:   +49 (241) 6009-5 31 59
Fachhochschule Aachen Abt. Jülich   Fax:   +49 (241) 6009-5 31 89
Fachbereich 09                      email: j.hoffmann at fh-aachen.de