Slipstream in ME??

There is a wealth of information in the XP groups about creating a
"Slipstreamed" bootable CD incorporating Windows XP, Home or Pro, with
SP2 which will allow a clean installation of either XP version up to
date with SP2. My question for the MVP's is "can this be done within the
confines of WindowsME as well or, does the process only work if XP is
already installed?" I have seen some posts and pages that even hint it
only works if the NTFS file system is used. I have read so many
suggested methods that my old brain is leaking confusion. For what it is
worth, I was hoping that a slipstreamed CD would make upgrading to XP
Home a one step affair. Any comments or guru wisdom would be appreciated.

sced13ri (Looking for the easy answer.) ;-)