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Yes, it also can be installed on a flash drive. I believe the guy in the vid. is demonstrating how to install it on your flash drive, but you have to dismount from truecrypt before dismounting from windows.
Skeithex wrote:sounds like a lot of work, but with anything for the PC it is a lot of work.
I agree, but it is probably more work getting your reputation, and money back if someone steals your private info, embarrasing tapes or pictures and try to black mail you.