Parallel NOR Flash can be used.
Please refer to the MPC8349EA PowerQUICC II Pro Integrated Host Processor Family Reference Manual, 4.3.2 Reset Configuration Words:
"The reset configuration words are loaded from the local bus or from the I2C interface or from hard-coded values during the power-on or hard reset flows."
4.3.1.1 Reset Configuration Word Source:
CFG_RESET_SOURCE[0:2] = 000 (Reset configuration word is loaded from a local bus EEPROM.)
4.3.3.1 Loading from Local Bus EEPROM