I'm running SL 10.6.8 and backing up hourly via TM on a LaCie 1TB external drive. How would I create a bootable drive and about how much memory would it need (Would it fit on a 15 gb Cruzer stick drive?)
Use CarbonCopyCloner or SuperDuper to make a 1:1 copy of your internal HDD to an external HDD (you can exclude your user account if you want, but then you need another admin account to administer from the external HDD).