Now that I've finished my rebuilt foundation (remastering) and worked around different obstacles, there's one thing that sticks out I figured being worth noting.
Scenario: VM loading TC4 using tce=, opt= and others as boot codes
If using a device name such as opt=/dev/sda1 this works out perfectly
When using a device name for tce=, it will fail as the sym-link in /etc/sysconfig will point to the physical device whereas opt/local will point to the mounted path of /mnt/sda1. This obviously breaks tce-load from being able to do its job.
I don't imagine this is a major issue for many, but I thought it worthy of bring posted.