HD2 Android NativeSD - bibanon/android-development-codex GitHub Wiki
NativeSD is an exciting new project that fully utilizes the greater space and faster speeds of the microSD cards. Rather than using a chroot image on dated FAT, you will need create a purpose-built ext4 partition on the card.
More info can be found in the link, the project is a bit dynamic, but we do want to clear up a method. Will write stuff here soon...
The ROMs that you need are tagged "NativeSD". These can be found on both the NAND and SD development boards.