LinuxQuestions.org - Mandrake 9.2rc2 Partitioning Question

I'm running Knoppix-STD 0.1b live CD, might I say is a great distro for beginners like myself, but I feel its a hassle when trying to save configuration files and keeping a persistent home directory on my hard drive..being that I have to set the conditions on every boot up.

So I've burned the 3 ISO files for Mandrake 9.2rc2. Along with
Mandrake-MNF(Multi-Network Firewall).

The only thing that has held me back from doing this before, is the fact that my sad excuse for a "computer" has only a sad 4 Gig hard drive, and a sad 60-64Mb of RAM .. which is what lead me to a CD-bootable distro in the first place.

My question here is, do you think Mandrake will partition my hard drive good enough to have a dual boot with such minimal space?????????? I see there is a "Mount a Disc Image" option in
'Nero CD ROM Burner', where you can mount a disc image file (ISO) to your hard drive, and access it like a real drive.

Could this be a worthwhile option for users like myself who don't have the resources for more disk space, and not much room on their hard drives??? Or should I be ok with installing Mandrake?

If it were up to me, I would just trash Winblowz, but my mother won't agree..(traitor)evil:

I don't use more than 1 gig of space on Windowz as it is so, should I try this?... Thanks for all replies...
:Pengy: