I'm not 100% sure that this is applicable to C750 but is certainly the case on Cx60 models.
Unlike the 5500 the Cx60 devices address a real physical nand flash device as onboard mass storage.
On the Cx60 there is actually 2 flash chips (but one is forced read only):
/dev/mtd0 generally is the read only flash chip (8Mb on cx60) while the rest is on the big nanf flash (generally samgsung) chip which in turn is split up into various partitions.
/dev/mtd1 is anothe reagion where there is maintenance stuff generally not used by a running system while the rest is devoted to root and some cases also home.
So even if you run the batterys totally flat (or remove the battery without any external power source) you will loose nothing.
I made some notes for myself on this stuff
here. And more generally there is more Z related stuff on my home page.