Exciting! Please be much more specific on your webpage "much faster" (so... 2X, or 10X, ... or just 10%)? Also for "requires only few MB". What are "few MB" for you? 1? 10? 100? :) Please be specific with all your claims and measure everything, to be more credible and useful.
Live CD is ~65MB (the website says the core fits on a 1.44MB floppy). It boots in less than one second (VirtualBox using defaults for "unknown OS"). Mouse and keyboard are working but are not fit for real use.
65MB seems big if compared to Tiny Core Linux for example, which is 11MB: http://tinycorelinux.net/ Maybe it's packing more features than Tiny Core Linux though, unsure.