This, however, is what I have be up too!
Its awesome! (I'm only a little bit biased) (Oh and I don't have a fancy HD camera on my phone so you can deal with 480p)
Its based of a (almost stolen from) a Plymouth theme by Andre "Osku" Schmidt, but now it with the Archlinux colors and logo. I might make it into a AUR package if there is demand for it.