Ohhh. I really like that.
But unfortunately, we're all pretty set on CipherShed.
I do understand Resonance's points of the name making it obvious it's privacy software. I feel as though there's quick and easy ways around this issue, and there's more things to worry about than that. For example, the system-drive bootloader has a customizable prompt. It doesn't have to say
CIPHERSHED!\n\nENTER YOUR PASSWORD. It can say something like
Boot Disk Not Found! or some similar "fake" error. If non-system drives are encrypted, CipherShed can easily be uninstalled prior to the traveling/inspection, then reinstalled afterwards so that it doesn't show up in the "Installed Programs" list.