And I'm working now on a LiveCD: with this livecd you can compile any programs for ARM architecture, and package in the well-known ipk format.
I didn't find any LiveCD for that, if you know anything, what can help me in this project, please don't hesitate, send a PM!
My project now:
DEBIAN installed in VMware, with these pacakges:
fluxbox, firefox, build-essential, linux-kernel-headers, xorg, gdm, emelfm, bison
And I'm trying now the crosstool toolchain (kegel.com/crosstool). Hope, it will works, but unfortunately, it takes more than 2 gigabytes

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DOMy