I've made no real progress other than putting together an image for it, but I'm at work trying to put together a custom usplash for the Ubuntu-Ohio group. I have the C source and makefile tonic on this forum used to create his Peace usplash, so now I'm basically reverse engineering how he did it. I think it's just a matter of making images for different resolutions.
I gotta say it, I'm no programmer so I really don't know what I'm doing. I'm going to contact tonic and ask him for a step by step.
My work so far can be found at http://creaturefeature.darkness.com/Ubuntu-Ohio but you gotta remember, I have figured out nothing yet.