NSLU2 is now Debian poweredSun 16 November 2008 by LrdShaper
Managed to finish most of the migration as scheduled. Installation and configuration took roughly 8-10hrs including a few power naps here and there and native compilation of some of the packages mostly because the newer version is not in the repositories. NTP server is up, so is the WINS server and obviously the webserver. Currently compiling libtorrent, rtorrent and XLink Kai.
Pondering whether or not I should setup a cross-compilation environment for the NSLU2 on the XBOX for faster compiles but that'll be for another time.