Today's image (netboot.xys) isn't even an image, it's just a shell script. It is both awesome and scary at the same time. It boots an image straight from an unsecure http URL, and allows you to boot various BSDs and Linux flavours straight from the internet.
I wish something like that existed for various single-board computers that are getting popular nowadays. Any sort of flexibility would be welcome, writing big images on a SD card gets old very fast. Yes, many things probably won't boot, but I'd rather find out that they don't quickly.
I have set this up and it is pretty cool to quickly boot images over the network this way, and experiment with them without having to write SD cards. In fact: my rPI doesn't even have a SD card inserted.
The ethernet performance in the RPI is still poor though, the USB-to-ethernet bridge is suboptimal.
I guess we're almost back at running RPi 'terminals' on our desktop and have a centralised (cloud?) storage solution to boot from and persist files to. We're almost back at 90's level computing ;-)