The remastered "Ubuntu after a week of customizations" Pinguy OS 10.10 beta 2 has just been released. For those of you who are not familiar with Pinguy: it's an Ubuntu remaster with a lot of useful default applications "built to have eye candy (Gloobus Preview, GNOME Do, Docky, Elementary*) and for every part of it to be user-friendly".
Remastersys is a tool that can be used to do 2 things with an existing Klikit or Ubuntu or derivative installation.It can make a full system backup including personal data to a live cd or dvd that you can use anywhere and install. It can make a distributable copy you can share with friends. This will not have any of your personal user data in it.