Freesco 0.3 is out. It now has working PPPoE support, I understand. I don’t know what else it does just yet. But I intend to find out.
Freesco is easily my favorite single-floppy Linux distro, because once you get the hardware going, it’s easy to get running. Anyone familiar with computer networking can do it, without knowing a thing about Unix. And once it’s working, you can move it to the hard drive, which is good, since tiny hard drives are common as dirt and cheap and reliable (Freesco spins the drive down after it’s done booting, so a hard drive should work pretty much indefinitely, seeing as you’ll only reboot the thing when there’s a power failure), whereas floppy disks are anything but reliable.

That’s not to say that getting the hardware going isn’t a pain sometimes, but that’s not Freesco’s fault. Resolving a bunch of IRQ and I/O conflicts to get a 486 with a pile of ISA cards in it working perfectly is a pain no matter what OS you intend to run on it.