Even if you do have a floppy drive, it is still much much faster to run your diagnostic tools from the CDROM drive, rather than wait for the tool to load from the floppy drive. More and more PCs are shipped without floppy drives these days, and it is such a royal pain when you need to run diagnostic tools on them. You need the Ultimate Boot CD if you want to: This is a Live Rescue CD based on Debian, which we hope will eventually be good enough to replace Parted Magic.
If you like trying out new stuff, please check out an early beta version of UBCD Live and give us your feedback. If you intend to resell UBCD for commercial gains, please contact the respective authors for their permissions.
Please note that some of the freeware on UBCD explicitly prohibits redistribution for commercial purposes eg. The least you could do is to make as many copies of the offical UBCD and pass it to your friends, relatives, colleagues or even complete strangers to minimize the per unit cost of your loss! If you had somehow paid a ridiculous amount of money for it, you have most likely been fleeced. Ultimate Boot CD is completely free for the download, or could be obtained for a small fee.