TeX Live 5, the end game

[root]

    They accept that it may not have a working or final Windows
    install system

Wow, I'm surprised.  But whatever.

    Does this sound agreeable?

Sounds fine to me.  Amazing work as always :).

    for whenever TUG gets the documentation ready, 

I don't know that there's going to be any special documentation written,
that project will probably have to wait.

     2) Delivery of the master CD to TUG for distribution to members must
        be dependent on someone else working out a production system etc

Yipes.