[Craneboard] Does kernel 3+ support Craneboard?

Hi all Craneboard users!

I've compiled 2.6.32 kernel for the Craneboard but want to use more
fresh kernel from 3+ series. I found that Angstrom setup-scripts don't
support the craneboard. I wonder why? When I looked into the kernel
3.0.17 I found that only USB portion of hardware is supported and I
doubt that the board would boot with such kernel..

Is there any chance to use kernel 3.0+ with the Crane?