It's possible, but will require work. But don't let that stop you! I was told similar things when I first asked about making a bootable Freesco cd.
Keep pushing ahead and you can succeed!
More than likely you would have to have a larger media type: 1.6 MB floppy image, 2.88 MB floppy image, cd, ... as the floppy is severely limited in terms of space.
You could modify the base distro image to remove options you don't need though, which would free up some space.
Ex: take out lpd option, possibly even dialup options if you don't use those, etc. Slim it down some so you can get the necessary room.
If you had to, you could use two floppies, and just modify the startup scripts.
In short, a bit of work, but well worth the effort.
Good luck, any/all of you!
I noticed Lightning made a post that they are contemplating 2.2.x series of kernels for future releases, so if you can wait for that, then you're set.
<span style='color:gray'><i>This is your life, are you who you want to be ...<br>This is your life, is it everything you dreamed that it would be when<br>the world was younger and you had everything to lose?<br> -:- Switchfoot (This is your life)<br></i></span><br><a href='http://www.whyaskwhy.org' target='_blank'>Website</a> <a href='http://blogs.whyaskwhy.org/deoren/' target='_blank'>Blog</a><br><br>Steps to create a GNU/Linux 2.4 ramdisk: <a href='http://www.linuxquestions.org/questions/showthread.php?s=&threadid=280750' target='_blank'>http://www.linuxquestions.org/questions/sh...threadid=280750</a>