Here is the information I have saved about how to slipstream Office XP to SP2. The instructions are probably the same for Office 2000 though.
run this in the command box (start/run)
D:\setup /a
this will copy the stuff from the office cd to the hard disk
this creates a administration installation point on your HD (c:\office)
Then do the same for the publisher disk extracting it to c:\pub
Download the SP1 Administrative update (40megs) /http://download.microsoft.com/download/officexpstandard/sp/oxpsp1/w98nt42kmexp/en-us/oxpsp1a.exe
open the exe and extract the to files to c:\config.msi
create a "temp" dir in C drive
then run these 2 commands in the run box again (separately 1 after the
other)
CD1 - Office
msiexec /p C:\Config.Msi\MAINSP1_Admin.msp /a C:\Office\PROPLUS.MSI
SHORTFILENAMES=TRUE /qb /L* c:\temp\1.log
msiexec /p C:\Config.Msi\OWC10SP1_Admin.msp /a C:\Office\OWC10.MSI
SHORTFILENAMES=TRUE /qb /L* c:\temp\2.log
CD2 - Publisher
msiexec /p C:\Config.Msi\MAINSP1_Admin.msp /a C:\pub\PUB.MSI
it will seem like a quick operation but open the log files created to see if
the msi patch updates were successful (right at the end)
then reinstall office xp from the c:\office and c:\pub location like normal
and now you have a office XP installation which is fully updated
-------------------------Then run the SP2 update---------------------------------------
Download the SP2 Administrative update (about 50M

/http://download.microsoft.com/download/officexpstandard/sp/oxpsp2/w98nt42kmexp/EN-us/oxpsp2a.exe
open the exe and extract the to files to c:\config.msi
then run these 2 commands in the run box again (separately 1 after the
other)
CD1 - Office
msiexec /p C:\Config.Msi\MAINSP2ff.msp /a C:\Office\PROPLUS.MSI
SHORTFILENAMES=TRUE /qb /L* c:\temp\1.log
msiexec /p C:\Config.Msi\Owc10SP2ff.msp /a C:\Office\OWC10.MSI
SHORTFILENAMES=TRUE /qb /L* c:\temp\2.log
CD2 - Publisher
msiexec /p C:\Config.Msi\MAINSP2ff.msp /a C:\pub\PUB.MSI
then reinstall office xp from the c:\office and c:\pub location like normal
and now you have a office XP installation which is fully updated