Ghost 14.0 - Recovery via USB Flash Drive

I am wondering if any of the following is possible:

 

1. Create a USB Flash Drive that could be used instead of the Recovery CD, OR

 

2. Create/copy the Recovery CD image onto a USB Flash Drive or a U3 USB Flash Drive

 

Obviously, the USB Flash Drive would have to be created as bootable and the computer system BIOS would have support & setup to be able to boot from a USB drive.

 

Thanks in advance.