well.. pdaxrom is pretty much exactly what I want. Its just aweome to have the same programs running on your machine at work, home, laptop, and on your hand. Unfortunetly as awesome as this is, I am unable to run some of them (ie. rox, firefox, thunderbird as well as the theme manager, wireless applet and gnumeric to name a few) from the built in flash.
I am not sure if this in in the works or not...
But I think the community should start working toward a configurable bootloader like grub or
XOSL in concept. Something we can all install in the Nand flash once and will allow us to boot off partitions on a SD/CF card. SD/CF sizes are getting larger while the cost is getting cheaper. The Nand flash inside all of our Z's will eventually wear out, leaving us to either repair or upgrade. Both of which are costly. But If we can fully boot off a SD or CF card the only thing to wear out is the card. In which case you could just throw it away and buy another. Updating a distro(roms wouldn't be an adequate name at this point, imho) would be done on a PC, downloading a tarball and running a shell script to install to a SD/CF partition.
Now imagine having a couple SD/CF cards with different distros. Better yet, picture a 2gig SD with a couple partitions with different distros. =)