The kernel is named bzImage, with a capital i; likely missed that in menu.lst.
Ahhh! Thanks! This place is great so far. Thanks everyone.
I threw together an old machine to try small distros on and after a lot of reading even before trying one I really liked what I read about tinycore.
Now that it's installed I decided to check the hardware.
Well, lets put it this way, I'm running the last AMD K6 in the series so i'm running at a steamy 300MHz with a 64KB cache. At least I was able to find 507212kb ram to throw in.
Now... Couldn't find lynx. Testing chime, dillo and elinks.