Project Indiana is working towards creating a binary distribution of an operating system 
built out of the OpenSolaris source code. The distribution is a point of integration 
for several current projects on OpenSolaris.org, including those to make the installation 
experience easier, to modernize the look and feel of OpenSolaris on the desktop, and to 
introduce a network-based package management system into OpenSolaris. 

The resulting distribution is a live-CD install image, and is fully permissible to be 
redistributed by anyone. It will also have the capability for developers to create their 
own, customized distribution based on Project Indiana.

 
http://opensolaris.org/os/project/indiana/