[SOLVED] Some questions about Google Chrome OS Live CD...
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From their official website, it seems the answers to your questions are no, no and you can't...
However, if you're feeling up to it then here is their development site. Place to look is the right-hand side there they a link to the source, in addition to a compilation guide The best of luck to you.
I found a site they were hosting with a copy of Chrome OS and installed it in a VM. It was literally Suse Linux with Chrome pre-installed/configured. I found mine at:
At a December 7, 2010 press briefing, Google announced the Cr-48 notebook, a piece of reference hardware created to test the Chrome OS operating system. Google gave away a limited number of the notebooks as a part of its pilot testing program. The Cr-48 is intended for testing only, and will not be sold to the general public.[26][27][28] Google also addressed complaints that the operating system offers little functionality when the host device is not connected to the Internet. The company demonstrated an offline version of Google Docs running on Chrome OS and announced a 3G plan that would give Chrome OS users 100 MB of free data each month, with additional paid plans available from Verizon.[15]
About 60,000 Cr-48s were manufactured to be distributed to testers and reviewers in early December 2010.
I know several LQ members have requested and received the CR-48. Curious about the device but looks like a typical netbook with a limited OS for a targeted audience.
Quote:
excerpt from Google Chrome OS;
Ahead of the commercial launch of Chrome OS devices, industry observers have evaluated the operating system in terms of its potential success, advantages and limitations.
Early on, Chrome OS was viewed as a competitor to Microsoft, both directly to Microsoft Windows and indirectly the company's word processing and spreadsheet applications--the latter through Chrome OS's reliance on cloud computing.[32][33] But Chrome OS engineering director Matthew Papakipos argued that the two operating systems would not fully overlap in functionality because Chrome OS hosted is intended for netbooks, which lack the computational power to run a resource-intensive program like Photoshop.[8]
Some observers claimed that other operating systems already fill the niche that Chrome OS is aiming for, with the added advantage of supporting native applications in addition to a browser. In PC World in November 2009, Tony Bradley wrote: "We can already do most, if not all, of what Chrome OS promises to deliver. Using a Windows 7 or Linux-based netbook, users can simply not install anything but a web browser and connect to the vast array of Google products and other web-based services and applications. Netbooks have been successful at capturing the low-end PC market, and they provide a web-centric computing experience today. I am not sure why we should get excited that a year from now we'll be able to do the same thing, but locked into doing it from the fourth-place web browser."[34]
A year later, Ryan Paul of Ars Technica came to similar conclusions. He wrote that Google's Cr-48 prototype "met the basic requirements for Web surfing, gaming, and personal productivity, but falls short for more intensive tasks". He praised Google's approach to security, but wondered whether mainstream computer users would accept an operating system whose only application is a browser. "In its current form, I think that the operating system could appeal to some niche audiences, like regular consumers users who really just need browsing or office productivity workers at companies that have gone Google or only use intranet apps. It's decidedly not a full-fledged alternative to the general purpose computing environments that currently ship on netbooks". Paul wrote that most of Chrome OS's advantages "can be found in other software environments without having to sacrifice native applications".[29]
Wolfgang Gruener of Conceivably Tech noted the lack of support for Photoshop and comparable software, as well as what he called a "workable but annoying trackball design". His conclusion: "Google has a lot of work to do, but Chrome OS makes a lot of sense and if Google does not shoot itself in the foot, it could light the way to how mainstream computing will look like 5 or 10 years from now."[30]
My belief is that this is one door for Google Cloud for the masses. That way we just get locked into another system, oh boy.
I know that Google states the CR-48 is not to be sold to the masses but I've heard that line too from other vendors. Test the waters!
Google Chrome OS was a good read and a little thought provoking.
Chromium OS is an open-source project that aims to build an operating system that provides a fast, simple, and more secure computing experience for people who spend most of their time on the web. Here you can review the project's design docs, obtain the source code, and contribute. To learn more about the project goals, read the announcement blog post.
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there they a link to the source, in addition to a compilation guide 
The best of luck to you.
