With the help of an updated extract-files.sh from G8orDroid, I was able to boot a ROM built from source in the Durden tree tonight. It’s still not quite ready for release (no functioning kernel or Google apps yet), but we’re getting very close. Come visit us in #droidmod, and let us know what you want to see.
I’ve included a screenshot from my own phone so you can see that it really is working. As I mentioned earlier, we haven’t got the kernel working yet, so I’m just running some random Froyo kernel, but the ROM will indeed boot with all of the fancy Durden stuff included.