Just a small note that compiz-0.7.8 has landed on a tree close to you.
After it was added on 2008-09-26 to the desktop-effects overlay, compiz-0.7.8 has now been committed to the tree. The 0.7.8 release is currently hard masked pending a final review, but should be unmasked in the next couple of days.
This version uses EAPI-2, so it will require a PM that supports EAPI-2 (currently that means a testing version from one of the 3 PMs). It's possible (preferred) to install compiz-fusion by grabbing the compiz-fusion set from the desktop-effects overlay sets dir.
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Once Compiz and Firefox 3 are marked stable, Gentoo will finally be competitive with linux distributions from 6 months ago.