Boot Android from SD Card on the Samsung Wave

Users now have the option to run Android and the device’s stock OS. This functionality is now available for the Samsung Wave.
XDA Senior Member hero355 wrote a tutorial on how to get Android booting from the Bada device’s SD card.
The process is not that difficult but do require that users pay attention. There are several zips that will need to be downloaded and flashed in recovery. During the process, users are given the choice as to how much they want to use for internal storage for the Android ROM they’re flashing, so that the SD card can be properly partitioned.
Once done, users have the option of booting into Bada or Android.
There are some issues such as,

WHAT DOESN’T WORK (BUGS/TODO)
all Modem (GSM/GPRS) functionallity
GPS
Microphone
Magnetometer
Optical sensor
Power and hold key handling has to be polished
Battery Gauge (NOTE: It can destroy your battery calibration due to prolonged usage! You had been warned.)

WHAT DOES (SHOULD) WORK
Sound playback
Screen
Wifi/BT
Accelerometer
Camera
SD Card
Battery now shows 50 %
Overclock now possible to 1200 MHz Max
Available Ram 285~290 MB on NAND
Fixed Moving app to SD
Fixed installable apps problem(Previously Some apps couldn't install)

Changelog 08.01.2013 :
Now no more need Bada partition
Overclock possible to 1400 MHz
Available Ram now 286-303 MB (Seperate 2 Kernel)
Compiled on Devil Kernel
Devil Tweaks included
I can say,Real android phone i'm using
Advanced Setting of Galaxy S
mDNie works
TV OUT Works (on V2)
I/O Scheduler: SIO
Bigmem and Hugemem on Performance setting
Fixed Video problem on V1

Installing on SD Card

Bada 2.0 is required

1. For Fresh Installation,I suggest you Reflash bada.  Attention : Backup your SD Card.
   
   If you previously installed this rom,Need Repartition SD,So Backup again
2.  Download 2 packages: BOOTFILES, armlinux_boot for S8500 :
   Releases link: http://goo.im/devs/Rebellos/wave
3. Download zImage (Kernel) from upper.
4. Start Bada.
5. Copy zImage to the Bada's User partition (the one about 390MB big).
6. Flash BOOTFILES and FOTA using Multiloader.If you have been already using FOTA and BOOTFILES you don't need to reflash 
7. Switch off your phone
8. Go to CWM using Call End + Volume Up buttons
9. Be patient, first bootup will keep unresponsible on Black Screen for up to 3 minutes.
10. CWM Recovery starts, pick:
    Advanced>SD Partition>select how many space you want as internal memory>SWAP-0M
    (F.e : If you have 8GB select 4096, 4GB select 2048, 2GB select 1024 and etc..)
    Attention:After SD partitioned then go next step,No need Reboot
11. Then follow this and connect USB to PC : Mounts and Storage>Mount USB Storage
12. Copy your Rom to SD Card and unmount USB Storage
    • install zip from sdcard
    • choose zip from sdcard
    • "blablabla.zip"
    • Yes - install
13. Then reboot holding the Power key

Step 6

Downloads:

Tigrouzen Rom Based on Cyanogen Mod 10.1 included Gapps : http://www.multiupload.nl/DL8EVAW1RX

Kernel V1 (08.01.2013) for Android 4.2.1 : http://www.multiupload.nl/ES8HNRY4U1
Without Camera You have 296~303 MB Ram

Kernel V2 (08.01.2013) for Android 4.2.1 :http://www.multiupload.nl/TBM2A8AWNE
Camera works,Video also work(without record) and You have 280MB Ram

Source is available on Github Repo : https://github.com/Tigrouzen & https://github.com/Rebell

Source:-XDA post 1 & post 2