I'm guilty of using this method in my side project (https://github.com/grn/bash-ctx). My goal was to solve the installation problem quickly. I absolutely would love to offer proper installation methods. However my experience with building *.deb packages makes me think that it's not something that I'd like to do (especially it's a side project).
The question, therefore, is: what is the simplest alternative installation method for OS X and Linux?