finally, use the D+M boot option to take a rom snapshop and publish
I'm afraid I also don't know how to specify any boot options. I'm not running any kind of boot manager.
By "D+M boot option" speculatrix means the NAND Backup option in the Diagnostic (ROM) menu. To get there, use D+P+Reset, you will hear a beep and a graphical menu is shown. Scroll right with the D-pad until you are on page 4/4 and then there will be two options for NAND Backup, and NAND Restore.
The version you took from
my blog actually is the M5-RC15 release, which was the last "early-look" version before version 1.0 was released. The fact that you see the "oscillating cylon eye" indicates that you've setup everything correctly. The reason Android doesn't boot is because you're kernel doesn't contain the Android Binder device driver.
Add the driver, rebuild and flash the kernel and you're all set. Sounds easy, but I know it's not