Not trying to argue: just to understand

The Microsoft boot disk I referenced seems to copy a generic NTDLR from the install disc. See step 2.
QUOTE
2. Copy the Ntldr and the Ntdetect.com files from the I386 folder on the Windows XP Setup CD-ROM, Windows XP Setup floppy disk, or from a computer that is running the same version of Windows XP as the computer that you want to access with the boot floppy.
The XXCOPY boot floppy seems to use the old NTLDR off of the hard drive which (I think) is built specifically for that hard drive. See step 3 from your link:
QUOTE
3. XXCOPY16 C:\NTLDR A:\ /H
Maybe I'm thinking of a different system file than NTLDR. *shrugs* I think the BartPE installer has to generate some sort of system file called PELDR that takes some geometry info from the hard drive. Again, I may be wildly off base

Maybe NTLDR is generic.
In any case, it would be interesting to see how chainloading a floppy image works in GRUB4DOS. I got lost in the links and couldn't find a proper reference to that feature.