1. download
# wget qemu-1.0.1.tazpkg
# wget qemu-arm-1.0.1.tazpkg
# wget slitaz-arm.img (3.3M)
2. install qemu & qemu-arm
# tazpkg install qemu-1.0.1.tazpkg
# tazpkg install qemu-arm-1.0.1.tazpkg
3. boot
# qemu-system-arm -M versatilepb -cpu arm1176 -kernel slitaz-arm.img &