As for Linux from Scratch - This is something that's been on my radar, but without the part I'm truly interested in (learning more about SysV) then I'm less inclined to bother. I don't buy the reason of Gnome/KDE - isn't LfS all about the basics of the distro than building a fully fledged system? If it's the foundation for the other courses, but it still feels weak that it's so guided by a future GUI requirement for systemd when it's talking about building web servers and the like in a 500Mb or less as the motivation.
It apparently uses SysVInit