The problem is that I have to modify the rom itself todo that.I released a dual boot version that uses 2nd-boot a few months back, hadn't have much time to improve it since.
I was using loop-back mount with /system and bind mount with /data since it's much more space efficient than just use an ext3 image.
I replaced the nodes in the dev-tree so the rom can do whatever she want(except remounting /dev) and it will alwas access the file-images instead of the real partitions.
Sure we could dynamically loop over the init-scripts and replace every mount but this method wouldn't be that compatible.
@epsilon: Thank you for integrating this into bootmenu. Makes much things easir
In which way you want to do that? An real effort would be an menu where you can choose between multiple installations.