Hello,Kishore, NIT, Calicut, has made a Debian based Phoenix LiveCD during his stay at IUAC. The iso image is here <http://www.iuac.res.in/%7Eelab/livecd_images/phoenix-debian-0.9.iso>.
http://electronics.wikia.com/wiki/How_to_make_a_Phoenix_live_CD_from_a_Debian_installation <The%20procedure%20to%20make%20the%20liveCD%20was%20posted%20by%20him%20earlier.%20Find%20them%20at,http://electronics.wikia.com/wiki/How_to_make_a_Phoenix_live_CD_from_a_Debian_installation>
ajith