Sorry guys, I should have pointed out that I have never tried Basilisk; I just happened to see the announcement at distrowatch.org. I posted it since the DW editor says that it's "possibly the first live CD based on Fedora Core 2", and I thought that he ought to know what he's talking about, being confronted with all new distro releases. So I guess it is exactly that: "possibly the first live CD based on Fedora Core 2"
(Sorry again, don't mean to be a smart ass, but I couldn't help myself
)
Cheers