I think this would be an interesting project. I'll most likely have some free time coming up, and I would gladly throw in a couple of hours of work on this. But I cannot and will not do this by myself, so I hope there should be other people jumping in on this. Honestly, the "participation" in the UH Portage overlay somewhat scared me off community projects, at least with the folks around here.

When it comes to the base of the system, I think personally I would prefer to build it on top of BSD, alone for the fact that in the Linux world, it's hard to find a niche that hasn't been filled yet by some more or less obscure distro. And if we are building something, I would prefer it to be something different, and not just another fork of something with some tweaked default settings. Also, I think most of the people here are too autist for something as mainstream as Linux. But hey, I think we can find something that everybody can agree on.