ubuntu-11-qemu-tinycore-cherokee
http://wiki.qemu.org/Main_Page
apt-get install qemu (about 13MB and gives you version 0.14)
qemu -cdrom microcore.iso (this uses the default qemu DHCP with NAT, 512MB ram)
ab cherokee (install the cherokee web server) ab python (required dependency)
... really still need to figure out QEMU bridge networking - very painful!