How can I remaster a text-based linux distro?

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http://unix.stackexchange.com – So I have a Ubuntu minimal install, it is exactly the way I want it when I want to have a fresh install, with the included settings, packages, etc. It has no desktop, it is completely CLI. What is an easy way to take the current state that it is in, and make it into a live CD with an installer to an HD? I tried remastersys, but it isnt compatible with Ubuntu CLI, and I'm not fond of the settings remastersys leaves behind. Any suggestions? (HowTos)