Running cygwin from thumbdrive

[Matrix Mole]

Is it possible to install cygwin in such a way that it can be run 
reliably from a thumbdrive? If so, how much of a minimal installation 
should be performed? I have a 64MB on my thumbdrive that I can safely 
allocate to using with cygwin if such a task were possible.

As to how to perform the installation. Would I simply run the setup 
program and direct the installer to install the files to a directory on 
the thumbdrive itself?

Would any problems arise from running cygwin from the thumbdrive since 
the drive letter changes depending on which machine it is plugged into? 
If so, any ideas on how to get around such a problem?


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