The one problem I had was that it is a live-cd, and the boot up of the live-ce was exceedingly misbehaved running in a VmWare Workstation virtual machine. It kept painting huge black squares covering the entire screen.
I can't remember exactly how I actually got that fixed.
Once the live-cd was up and running the actual install went well.
Maybe Architect or a net-install would be a better fit, If so, it would drop the size below the 700meg limit and it would fit on a cdrom.