I have not tried it yet, or.. maybe yes.,
I am actualy using Arch Linux on all my PCs and Laptop, with OpenBox as my window manager.
I loved the idea of Crunchbang when I heard about the project, I inmediately tried that but based on Debian, and with fluxbox
http://www.go2linux.org/installing-a-light-linux-operating-system-debian-fluxbox
Then I discovered Arch and felt in love with it, Now I have found ArchBang, I will have to find some time to install it. http://amplify.com/u/basb