@nick
Thanx. Tried it out... 
This is what I got.
Atmega fuse calculator.
Written by Nick Gammon.
Entered programming mode OK.
Signature = 0x1E 0x97 0x05
Processor = ATmega1284P
Flash memory size = 262144
LFuse = 0xFF
HFuse = 0xDE
EFuse = 0xFD
Lock byte = 0xCF
OCD Enable.............................. [ ]
JTAG Enable............................. [ ]
Enable Serial (ICSP) Programming........ [X]
Watchdog Timer Always On................ [ ]
Preserve EEPROM through chip erase...... [ ]
Boot into bootloader.................... [X]
Divide clock by 8....................... [ ]
Clock output............................ [ ]
Bootloader size: 1024 bytes.
Start-up time: SUT0: [X]Â SUT1: [X] (see datasheet)
Clock source: low-power crystal.
Brownout detection at: 2.7V.
Any ideas on what I should do now?