rdate is used to update the local system time from a network time server. Would be handy to do before un-taring the stage files so that tar times are correct and or tar doesnt give a warning about time being in the future. If added, note should be added to install documentation concerning how to set this and then use hwclock to set the BIOS time. timezone should be settable on the liveCD as well.
rdate is on ppc livecd 281202 as well Will check if including the timezone stuff on ppc livecd is possible spacewise.
also on x86