[RULE] Can I install Linux onto a 40Mb drive?

[Peter Edbrooke]

Hi,
 
I am new to this list, and have very little Linux experience. 
I have a computer with 64Mb Ram, but I only have a spare 40Mb hard
drive.
I wanted to use it as a gateway machine to the Internet, so I need to
run a firewall (iptables preferably)
And wanted to also play around with a VPN (FreeS/Wan) and maybe run a
few servers on this machine.
Is it possible to get Linux on such a small drive?
It would be great to get Linux running using around about 5Mb with all
these features, as I would like to do a lot more with the machine in the
future.
That doesn't sound possible to me, but I've been told it is, but I don't
know where to begin.
 
Any help is greatly appreciated.
 
Thanks
Peter
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