dsl on usb pen drive???

Hello was just wondering if anyone is using damn small linux or has used in the past, I just downloaded the latest version 4.0rc3 and I also just picked up a usb pen drive from my local the source store here in cambridge. Has anyone installed it on usb pen drive? If so do i have to make partitions on the pendrive that I have or does dsl do it itself i.e create root partition then ask for the user to create home partition etc. I am unsure how to go about this process, being this is the first time i'll be trying this. The pen drive has a capacity of 2GB's. The price was right 32 $ for 2GB's.

If anyone knows how to go about the best way of doing this please let me know!

Cheers ;-)