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Not any worse than 32+ megabytes of UEFI booting off of an iPXE bootrom.

That's what I'm saying about hard drives and ROMs

Yeah we didn't need those silly hardrives with their crufty filesystems.

To close the loop, they really need an EFI stub that loads a combined kernel image/ramfs from Drive.

iPXE can already boot from a web server: https://ipxe.org/

Should be possible then, if you "share" the initrd and Linux image?

Perhaps that's what this "off of" preposition means. I've often wondered.