Vlogcanic

Gparted LiveCD is a minimal Linux distro (about 50 MB) available as a LiveCD .iso image which fits into a business card sized CD-R. It can also be turned into a LiveUSB.

Gparted LiveCD’s sole purpose is to allow you to boot from it so you can partition or re-partition the hard disks in almost any computer –because it’s very light it can run even in 500Mhz systems with as little as 64 MB in RAM — using Gparted, the Gnome partition manager.

This distro is Getoo-based, fast, small, with a 2.6.22 kernel in the latest version and with an Xorg Fluxbox GUI. And yes, you can edit NTFS partitions with it.

There are 13 file systems suppported in various degrees.

Here are the links so that you can check the features, downloads, and instructions to build your own LiveUSB.