Crunchbang questions (related to Debian)

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http://crunchbanglinux.org – Holla :DI just found out about crunchbang. I like that its Debian based.I'm been using Debian for the past 2 years, really liked it, I recently installed Ubuntu 10.10 on a new laptop as Debian Lenny was getting a bit old, and I wanted to try out Ubuntu. I liked that everything was working out of the box, but Ubuntu seems a bit resource heavy, 250+ processes running on boot :P1.  Is Crunchbang fully compatible with Debian? Can I use Squeeze repos?2.  What will happen to Crunchbang once Squeeze is released (as stable)? Will Crunchbang shift to the next debian testing? Ie, will it (HowTos)