All of the developments here around Froyo are very exciting, and now, as if there's not enough to play with, here's a link to a site that will allow you to run Froyo on your PC: http://www.android-x86.org/documents/installhowto.
Why on your PC?...
This might seem dumb, but it works. Go into preferences, select backup folder location and then hit the back arrow twice. Now you can select the external card. I found this somewhere and don't remember who figured it out, just passing it along.
Achieved today. Rooted with KingRoot 126.96.36.199. Took 3 times but root is achieved!
Just unpacked it. You sent me the TWRP recovery :-p
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Used your command as written. TWRP manager shows TWRP as being installed!
Very stable on the build I have. Works but a few insignificant tweaks. It could be released as is. Hope the final is close in.