Thank you Nilesh. Most of the stuff is applicable to Linux as well (and probably easier!). But if anyone has any suggestions to update article, so as it accommodates Linux, I am happy to update the blog post.
UPDATE: According to diyphotography.net, the links were only for those who had purchased CS2 and needed to re-install CS2 now that the registration servers are offline. There is not, REPEAT is not a free version of CS2 floating around.
I believe, even if you did go ahead with your project, then it will not qualify as gigs and gigs of bandwidth as the OP mentioned. Unless of course you want to wipe clean your tarball every time you compile and want to download afresh.