While it does write a swap volume, a) it's only 8mb large b)swap volumes aren't automounted like in maemo where fstab is autogenerated at boot time (you could create more partitions and put a swap volume at mmcblkop6 and maemo would find it and mount it at boot up). MeeGo CE looks for emmc partition 3 for it's swap, unfortunately in this instance it's the /boot partition. When it doesn't find it you're just left with no swap.