FINALLY got round to publishing this thing: it lets you generate a custom zipfile containing whatever Form Tools components you want – modules, themes, API and Core. Right now it’s pretty basic and doesn’t track dependencies between the various components, but I’ll be adding that soon. Mostly I’ve been using it just to cut down on installation time – having to manually download component after component. This solution is much more elegant!
http://ft2.formtools.org/build/

- Ben