"Is there any way like RedHat that I can just have a boot floppy that simply loads the OS?"
I ran SuSE for three years and I always had boot floppies for emergency use or when I was dual booting two different Linux distributions. I always made my own boot floppies. I don't know whether you can create a boot floppy from the SuSE install CD or not.
Section 8 of the following lilo tutorial tells you how to make a lilo boot floppy which does not have a kernel on it.
Incidently, when Fedora was announced I switched from SuSE to Fedora
Be prepared. Create a LifeBoat CD.