By run i mean i see GDM, because the driver for the touchscreen seems not to be working.
What ive did was, i took an image from here: http://cdimage.ubuntu.com/ubuntu-net...10.10/release/ and copied everything from the data partition to a new .img file. Also ive copied the modules from the angstrom rootfs.img.
Then just copied over my rootfs.img over the angstrom one and booted.
There seems to be lots of issues, mainly, i guess, because the init script in the initrd should do something, the one from angstrom doesnt.
Also the kernel-log says it cant read the /proc/ filesystem.
I uploaded my rootfs img to rapidshare for you to try for yourselfes, maybe someone can pick up from here and build a really working kernel+initramfs.