I have posted a nightly build package from the latest SVN racoon and I have been working on. Some of the bugs in this thread have been fixed but not all. This is the new installer, that can do installs and upgrades. As this is a nightly build only PLEASE do not use in a production environment.
In order to upgrade an existing test install, simply uninstall the old component and install this package.
ONE BIG MISSING THING: The configuration is currently not preserved. We are working on a db level configuration that needs a little more work. Also if you do an upgrade, some of the upgrade SQLs will fail. That is OK. Its hard to guess the prior release as we did not store any release info in the db so all prior upgrade tasks are performed. Depending on what level you are at, some will fail.
The upgrade will continue without interruption. The SQL errors are for your info only.
Last but not least, this has been built with a fully automated build process.
joomlacode.org/gf/project/fireboard/frs/
Hope this is a step into the right direction.
Happy 4th of July weekend!