has anyone tried to install a system from the freeSBIE live cd?

Not yet. I still havent downloaded it. I'm using an old FBSD live CD that was distributed at the 10th Anniversary party last year in San Francisco. It's one of those credit-card sized CDs, so it's pretty lean & mean.

I am currently answering your question from Freesbie.
I am able to get the LIVE Cd to work and thats what I am using right now.
I have not had any success with a hard dsik install;but,wish that I could.
I am getting Error 1 when I try to install. I suspect that it is not recognizing the allocated partition which is at 15MB to 20Mb. It acts as if it partitions, but on installing files for root
it stops at about 47 per cent.
I have looked at some of the software and the muti-media stuff seems to work well on the net
even on my old pentium with 300 mhz ram.
I am sure having opened some of the files, that there is a wealth of stuff avialble if you can get it to install on Hard drive.Seems to be 1900 mb or so of programs.
If anyone has a clue, I would like some help,too.

At the risk of pointing out the obvious (or a typo) -- if your partition to install into is really 15-20MB and there's 1900MB worth of data on the install image, it's not even going to try to fit ...

I've tried to install this on to two different computers and have had the same problems when it tried to write programs to hard drive. I thought it was apartitioning issue partitioned everything by hand and that didn't work either. You're probably better off doing a regular FreeBSD install anyway. I'm currently running 5.4RC2 on my Athlon 850MHz

The Freesbie installer contains no partitioning utility. It tells you that when you begin the install. You'll have to make some partitions 1st with Fdisk or CFdisk or whatever. I used Linux Fdisk to make 2, 1 for / ,1 for swap. The install is pretty smooth. The only problem I had was lack of sound after installing to HD. Hardware detection was great when running the live CD. I haven't resolved that yet. Also when you boot it auto logs you into GUI as root. I haven't solved that yet. That's because I'm new to BSD. You also have to specify your config every boot up just like you were running it from live CD. There is all the software that you need to get up and going for internet access on that Freebie disk. Forefox, mplayer, thunderbird. Mplayer even has the win32 codecs installed. It'll get you up and running faster than a BSD 5.3 install but there seems to be a few probs to fix. One of the major ones is being able to log in as user. I haven't done much studying yet to see what resolves these issues. But it does seem to be stable and very usable installed to HD. ( I need to spend a few hours with the BSD manual)