I just noticed this on the E-Live distrobution web site:

Minimum Requirements: The minimum hardware for running Elive is a 100 Mhz CPU and 64 MB of RAM, but the minimum recommended hardware is 300 Mhz and 128 Mb of RAM. You don't need any special graphic card or 3D acceleration to run Elive.

http://www.elivecd.org/

It's debian based and these requirements are well within that of N800 and N810's specs.

I think I'll take some time (when I get it) to see if this distro is doable on the IT's. Anyone else interested?