Integrating Windows XP SP2 With The Windows XP Installation Procedure.
Slipstreaming is what's known as integrating an operating systems latest service pack into the installation procedure on a new bootable CD. The result is a working bootable CD of the original operating system and the integrated service pack in one. With any fresh installation, the operating system and the latest service pack will both be installed at the same time in one clean installation.
Please follow the following link for my full article on how to complete this procedure. The article will continue to be updated and added to.