windows live cd

to my knowledge Windows will not boot from CD or USB, you can however use the PE to build a Preinstall environment

IF

."You may only install and use the SOFTWARE PRODUCT if you are an active Microsoft Software Assurance Member ("SAM") for the systems product pool or servers product pool, if you currently have license coverage for Microsoft Windows operating system (OS) Upgrades via a Campus Agreement or School Agreement, or if you are a current or former participant in the Windows XP Joint Development Program, Windows XP Rapid Adoption Program, Windows .NET Server Joint Development Program, or Windows .NET Server Rapid Adoption Program. If you do not meet one or more of the requirements listed above, you may not install or use this SOFTWARE PRODUCT and you must terminate the installation of this SOFTWARE PRODUCT immediately"...

Is that you? not many of us are allowed to even try this. That would make it illegal.

so we use Bart's PE instead... the website is located here http://www.nu2.nu/pebuilder/

Which is based upon Barts work, is also a good option.
www.ubcd4win.com/