Hmmm.... $25 for the 550 board, you say?
I might just have to get one myself, then... damn. :O Perhaps you got lucky, but I dunno.
Side note: I have 7.6.1 on my stock (recapped) CC board with 10MB of RAM. And, I mean... it works, though it's not fast thanks to the CC being slow. It's not unbearable, though (but then again it has a SCSI2SD in it, so disk slowness is eliminated in mine). I'd say go for it.