Slackware Current Mini & Rescue
Slackware Current Mini & Rescue is based on Slackware-current and is a minimal Slackware HDD install made into LiveCD.
Installed to hdd will be under 800 MB and the CD is only 195 MB!
Slax-like it is small and fast with Fluxbox and these apps:
beep media player
And the USB Persistence Wizard too it has all the xf86 drivers, etc.
The kernel is the real Slackware 22.214.171.124-smp huge kernel with aufs2 & squashfs-lzma
Also, there is the MiniSCR Rescue edition:
is useful for many, many things but really shines when used as a general frugal usb or even better for system rescue or file recovery, etc
Here's what the SCR edition contains including what the mini above contains:
exttoolz (combo of e2tools, e2undel, and ext3grep)
and many other regular apps, games, editors
file utilities etc all in a 350mb iso!
All pkgs are current as of 10/05/2010
Both are comparable to Slax,etc and have persistent cd/usb, install-to-hdd, copy2ram, etc