Windows XP will create a "Windows ME" equivalent boot disk,
from the Format option for floppies. However, it doesn't load the
generic CD-Rom driver.
Building a 98-Boot disk is a simple process - just a few drivers and
commands inside Config.Sys & Autoexec.Bat. The code shown
below will also create a "Small" ramdirve, just like the full 98-2nd
edition boot disk.
Windows 98 drivers required
1. RamDrive.Sys
2. Oakcdrom.Sys
3. mscdex.Exe
4. Smartdrv.Exe
5. Mouse.Com
(Contents of ) Config.Sys
[MENU]
menuitem=IDE_CD, Install Generic IDE CD-ROM
menuitem=No_CDROM, Do not install CD-ROM Support
menudefault=IDE_CD,5
[IDE_CD]
Device=RamDrive.Sys /E 8192
REM
Device=oakcdrom.Sys /D

emcd001
[NO_CDROM]
Device=RamDrive.Sys /E 8192
REM
[COMMON]
(Contents of) Autoexec.Bat
@Echo Off
Cls
mscdex.Exe /D

emcd001
Mouse
Smartdrv
Better yet, Easy CD Creator can take a Boot Floppy and create a
(savable) image. This way you can emulate a floppy boot on CD-R's
and use it anytime you need a "Bootable" CD disk.