Is there any way of going from virtual machine to live cd?

"The boot process for a CD vs. an HDD are different, as well as the entire layout of the disk. You cannot simply image a hard drive, put it on a CD and boot from it. There would have to be a heavy-weight conversion process to handle this, as well as to set up the appropriate RAM disk behavior that bongo described.

This would be a good thread for people who actually work on live-cd software to chime in on."