Repackage MS Photo Editor as standalone install?

[bizzybody]

Is there a way to 'export' Microsoft Photo Editor from Office 2002 (XP) and wrap it up as a standalone install, to be used after installing Office 2003 or 2007? Installing 2003 or 2007 removes MS Photo Editor. You are not given a choice to keep it like you are with the previous versions of Word, Excel etc.

I know you can pop in the Office XP CD and wade through the custom install, selecting everything to NOT install and selecting Photo Editor to install, but that's tedious and annoying.