Help! What is the quickest way to make your own live CD?

What's the easiest way to make a live CD?
I want to have a desktop, with perl including perlTk, plus some perl scripts and after compression about 10M of data/images. Using Redhat9 I have this in 2G on my desktop how do I fit it onto a 700M cd?
I have a MEPIS live CD which has the desktop, perlTk etc on it but there is no obvious way to add my perl scripts and data to it.
Any suggestions?
I want to have a desktop, with perl including perlTk, plus some perl scripts and after compression about 10M of data/images. Using Redhat9 I have this in 2G on my desktop how do I fit it onto a 700M cd?
I have a MEPIS live CD which has the desktop, perlTk etc on it but there is no obvious way to add my perl scripts and data to it.
Any suggestions?