Due to my general borderline paranoid attitude in regards to any IT security issue, I would have to side with Kano here.
Although, I am making no judgement on the authenticity of Linux Coin and do not doubt the honest and ethical nature of the creators. I really applaud them for making Linux accessible as it can be a bit of a struggle for the inexperienced.
I feel like my solution is a fairly good effort and I would love to hear about other peoples solutions as well as the more documentation we have on securing Bitcoin wallets the better.
JG