If you want to create such a cd ,you can try MagicISO maker
( www.magiciso.com )
after creating a cd image go to File> properties > optimise and check the box
"the same files are only allocated once". All duplicate file copies will be written to CD only once .
You can download a freeware called MagicDisc ( from the same site ) using which you can compress ISO images into UIF format ( Universal Image Format ) which are much smaller than the ISO and can be directly loaded into a virtual drive.
You can also try PowerISO which
compresses ISO images to DAA format ( Direct Access Archive )
Both DAA and UIF files are about 40 % smaller than ISO and can be directly loaded into a virtual drive without decompressing.
DAA is better ( faster & better compression ) than UIF .
PS : If you want to try PowerISO try version 2.8
There are problems with version 3.0