Sashank - We're good. I think the op can't make the connect that sure, we can all run other package formats, but the point is not to stop there!
The next step of course is to refine and repackage into a TCZ with our easily available tools so that the package better fits the infrastructure needs specific to the TC project itself.
The same could be said of Slitaz or any number of small distros that have their own package formats for technical reasons. Otherwise, just run Slackware or any other major distro.
Anyway, I'll drop my thread response..