nLite allows you to customize your Windows install to remove things you don't want or need.
nLite is a tool for permanent Windows component removal and pre-installation Windows setup. After removal there is an option to make bootable image ready for burning on cd or testing in virtual machines. With nLite you will be able to have Windows installation which on install doesn't include, or even contain on cd, unwanted components.
It's freeware and it supports Windows 2000, XP x86/x64 and 2003 x86/x64 all languages. It needs at least .NET Framework 1.1 as well.
nLite [via A Whole Lotta Nothing]