It is REALLY sweet. The full image is bigger than before ~430 MB because there is much better localization, which takes up space. The base, which I haven't tried, is considerably smaller, about the size of SLAX.
This version is small enough to load into RAM, which makes it faster than ever. It can handle Broadcom 4311 wireless cards, even live, which puts it into a really small, elite group (though newer distros are getting the Broadcom stuff better than they have in the past). Fedora 11's Alpha Live CD couldn't do Broadcom 4311 out of the gate, nor could PCLinuxOS's new Beta 3 test release. This one did it as easy as can be.
I brought networking up with ceni this time around. I've used ceni, mnetwork, and wicd; all three of them work well for me. This one is a definite keeper!
Running it right now on my Gateway; may try it soon on my Latitude D600, an older Dell laptop.