Can I create copresed and encrypted fs?

I need create -1 copresed fs and encrypted fs in livecd. How I can do it?
I think one way is:
1> create copresed file with
mkisofs -R -U -V "KNOPPIX.net filesystem" -publisher "KNOPPIX www.knoppix.net" \
-hide-rr-moved -cache-inodes -no-bak -pad /mnt/hda1/knx/source/KNOPPIX \
| nice -5 /usr/bin/create_compressed_fs - 65536 > /mnt/hda1/knx/master/KNOPPIX/KNOPPIX

2> and than copy ./KNOPPIX file to encrypted loopX + loop-aes

I have patched kernel with loop+aes.

How I can mount first loop necrypted fs , and second cloop? in Live CD?

or is a patch for cloop with crypto?

can everbody help me?