I have every confidence that it works on the ML300, just not on other
boards, including both the Memec board and our in house prototypes.
My web and mail server runs on a Memec board. I've seen our and customer boards up and running for extended periods of time without any problems with regard to System ACE CF.
There is now a MVL preview kit for the Memec board. You might want to
try it out and see whether the problems you observe persist.
    

Is this the one which doesn't actually use the SystemACE for a filesystem?
System ACE CF can be turned on in the kernel configuration. Making a root filesystem on the CF or MD is straight forward.
Looking at the postings back in April I can only say that I never saw
any similar problems.
    

Others have done so. I'll check with the hardware guys and see if I
can't send you a simple hardware case that falls over at some point -
I'm slightly constrained to release hardware designs and so on until
after this thing is ready to ship.
Ok, that's a plan. When you are ready please file a web case and mention my name so that the problem resolution gets tracked properly.

- Peter