The lubuntu project is advancing. lynxis just published a lubuntu test iso based on the seeds by David Sugar and additional patches. It is just 381 MB and a second one only 292 MB.
Please download the image and test it and give feedback:
UPDATE: The interest was huge. We crashed the server of the c-base. Sorry folks, we then provided a download at: http://download.lxde.org/lubuntu-9.10, but it was too much traffic too. So, let’s find a solution step by step.
* Lubuntu on Facebook: facebook.com/lubuntudesktop/
* Create a distro from scratch: https://help.ubuntu.com/community/LiveCDCustomizationFromScratch