ELive CD is alive and kicking, they're at RL2 - www.elivecd.org
. They ask a donation for high speed download privs though. Googling "Elive_Revolution_rl2.iso torrent" will turn up some bittorrent files that you can nab the ISO with. So i hear anyway.
I installed it the other day. I had a hiccup with it not configuring my root password right, so post install you have no root access. The fix is pretty easy though, and once I got past that, I've liked it a lot. I'm working on making Evolution work through Enlightenment tho. And E17 is way prettier than E16.
Update: Installing Evolution was a cinch. The package manager ... y'know ... works.