http://www.vlite.net/

work in progress, but it can do several things already.

interesting!

indeed, especially if you can create a vista CD that is optimized with the drivers built in instead of a dirty install (if I understood it right)

I hope one day it gets as big as nLite :D

Both Ultimate and Enterprise are available for volume license for business no different than XP Pro. There is no need for reactivation; change hardware as much as you want.