[ubuntu] Install Ubuntu ON a flashdrive?

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http://ubuntuforums.org – I was thinking, when I put in my Ubuntu cd, and boot off it, and go into the "Something else" section in the install window, my flash-drive is there when plugged in. I noticed it had one partition. I thought hey, what if I, in that window set the "Device for boot loader installation" to my flash drive ("/dev/sdf"), delete the partition on the flash-drive and make a root ("/") and a home partition and install... I mean will it work? Well, will what work is probably your question. I mean if I tell it to boot off of the flash-drive, will it act like any no (Hardware)