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You may not reverse engineer, decompile, or disassemble the software. Other than that, you can hack it up pretty much however you want. Even then, that part of the license is restricted by applicable law.
[..] or disassemble the software
make more copies of the software than specified in this agreement or allowed by applicable law
Disassamble, aka rip it apart.
Make more copies, aka burn your "light weight" versions. Though I guess this one can be questioned, as thats what you do with slipstreamed service packs as well.