So, it looks like it works perfectly. It starts up from a DVD into Panther perfectly. I've got a 30GB HD in my Lombard that I'm not using that much anymore, so all I really need is a keyboard for the 'book, and it looks like it'll be up and running!
http://img132.imageshack.us/img132/5575/photobb4.jpg
http://img132.imageshack.us/img132/5575/photobb4.jpg