Back in March of 2003 I posted a UDF which allows you to initiate a CFC from a relative path. Anyway, since it's been over 4 years at 2 major releases of ColdFusion, I just wanted to let everyone know that this UDF does indeed still work in ColdFusion 8.
While it is a hack and I can't guarentee it won't cause server problems, I can say I've been using this in production code since I wrote the UDF and have never found a problem.