Damn Small Linux 2.2 has been released:

"DSL is a very versatile 50MB mini desktop oriented Linux distribution.

Damn Small is small enough and smart enough to do the following things:
- Boot from a business card CD as a live linux distribution (LiveCD)
- Boot from a USB pen drive
- Boot from within a host operating system (that's right, it can run *inside* Windows)
- Run very nicely from an IDE Compact Flash drive via a method we call "frugal install"
- Transform into a Debian OS with a traditional hard drive install
- Run light enough to power a 486DX with 16MB of Ram
- Run fully in RAM with as little as 128MB (you will be amazed at how fast your computer can be!)
- Modularly grow -- DSL is highly extendable without the need to customize "

LinuxCompatible