(1) locate and edit the file C:\WINDOWS\INF\SYSOC.INF  
 
(2) locate a section called [Components]  
 
(3) find a line like this:
iis=iis.dll,OcEntry,iis.inf,hide,7  
 
(4) change it to this (the iis cab in the i386 xp home folder looks to be nothing) iis=iis2.dll,OcEntry,iis2.inf,,7  
 
(some sort of ms caching thing keeps sticking back iis.dll when I try to nuke it. quickly renaming and making hidden dir called iis.dll seems to thwart, but not worth it, so iis2.dll is good enough)  
 
(5) I grabbed the iis.dl_ and iis.in_ from win2k advanced server cd.  
 
I would guess similar techniques would work from W98, FP, etc. Use "EXPAND IIS.DL_ IIS2.DLL" from a command prompt Same for IIS2.INF, place IIS2.INF in C:\WINDOWS\INF and IIS2.DLL in C:\WINDOWS\SYSTEM32\SETUP  
 
(6) Now when I did "add windows programs" from the control panel's add new programs, I had IIS options and I could even check em off. yippee - could not check em off from my xppro cd :(((  
 
I just went with the defaulted ones though (all i needed was iis web server)  
 
(7) It will prompt you for files. Get em from MS XP Home CDs, Adv Server CDs, C:\WINNT\SYSTEM32\INETSRV, C:\WINDOWS\I386, etc. (It will tell you the file it needs, you just need to have a searcher going, probably the CDs will have all you need)  
 
(8) You can get to your IIS from Control Panel's Administrative Programs. I stuck in an index.html file and reconfigure IIS to work like this.
No go :(((
I right clicked on my inetpub folder and did something with shared folders.
No go :(((
I looked at the event viewer and saw the error of my ways. Go to IIS and goto Directory Security tab and click Edit button and Browse for the user setup on my laptop.  
 
(9) Yippee, hello world from http://localhost