I find your post incorrect.
The CD containing clokspl.exe is NOT protected with SafeDisc v2 but in fact SafeDisc 1, you know - the old one.
OK Kauz -
With commercial software you will have difficulty creating a virtualCD of this protection. What I recommend for you is "Daemon Tools". Search on an engine and you will surely find it. This tool was created with Copy-protections in mind!