I like the idea, and while "hackintosh" is a bit cheesy, at the time you and I originally discussed it, it was the first time I'd heard about it.

I'd say you could call it something else silly, like SuperLC, or PowerLC, or "LC with a whole bunch of drives inside."

(An LC board would be cool for the project, for it's dual floppy ports, although a 475 is a lot faster. )