Me again...
Finally, I did it! Got the pdaXrom kernel source plus patches and config file from a link posted in another thread, build it with my kegel.com gcc-2.95.3/glibc2.2.5 cross chain, copied the blkmtd.o module on my Z, and voila! everything worked as decribed by DrWowe in the first post. Cool! Now I can go ahead and start putting some stuff on my SD card.....
/Levent