For those who care - after ten years of development it's finally here.
Get it while it's hot:
http://www.ibiblio.org/pub/micro/pc-stuff/freedos/files/distributions/1.0/fdbasecd.iso
Get it while it's hot:
http://www.ibiblio.org/pub/micro/pc-stuff/freedos/files/distributions/1.0/fdbasecd.iso