XP on EEE PC 2G... how to?

[Scouzer]

There must be a fairly easy way to do this. I found a few guides but it looks pretty involved. A few questions:

1) With an nLite install, can XP be installed right onto the EEE? (No flash drive)
2) Would the EEE be fast enough to run XP + Poker Stars (they want a little poker laptop...)