in reply to fresh:
as far as I know, this project doesn't have a name yet. The 2 currently used names are "Free OSDatel" and "FreeVast" are "historical".
This whole project was started as a repsonse to the VAST/FreeVast project about half a year ago (or longer, can't remember), which consisted of the Vast hardware ("vaporware" Memorycard modchip, never released, instead memor32 appeared with the exact same features as Vast) and the also announced FreeVast project (a "hacker" project to bring the features of Vast to any memorycard, possibly a setup by the Vast team to stirr attention).
The name Free OSDatel comes from the fact that we are currently (iiuc) mimicking the way certain Datel memory cards have used to launch homebrew directly for some while now.
The name of this project will probably soon change, for the time being those are the 2 named it will be refered to.
in reply to magarcan:
I think a good way to improve compatibility would be getting the cdvd drive to initialize correctly. Maybe there are other modules too which are currently not correctly working as well.
PAL V14 SCPH 75004PSTwo, fully working, XenoPS
PAL "magical" V4 SCPH 35004 PS2, 160GB, dead DVD laser, exploited
8MB official sony MC (Slot 1)
64MB chinese clone MC, Free MC Boot 1.8, Independence Exploit (backup mod) (Slot 2)