Oh and I forgot to mention that I have patched up both of the installers to make things go a little easier. Whatever kernel you boot from when you install will get setup in lilo. As mentioned here already about 3.4 cebit, you'll need to make a second initrd and edit /etc/lilo.conf slightly to be able to use both kernels. But I have shortened this little bit of work for you as much as I could, and I provided instructions for getting it done.