Just install Knoppix 3.4 and everything works except the CDROM.
Here is my current fstab
# /etc/fstab: filesystem table.
#
# filesystem mountpoint type options dump pass
/dev/hdb3 / ext3 defaults,errors=remount-ro 0 1

proc /proc proc defaults 0 0
/dev/fd0 /floppy vfat defaults,user,noauto,showexec,umask=022 0 0
usbdevfs /proc/bus/usb usbdevfs defaults 0 0
sysfs /sys sysfs defaults 0 0
/dev/cdrom /cdrom iso9660 defaults,ro,user,noexec,noauto 0 0
/dev/cdrom1 /cdrom1 iso9660 defaults,ro,user,noexec,noauto 0 0
/dev/dvd /dvd iso9660 defaults,ro,user,noexec,noauto 0 0
/dev/cdaudio /cdaudio iso9660 defaults,ro,user,noexec,noauto 0 0
# Added by KNOPPIX
/dev/hda1 /mnt/hda1 vfat noauto,users,exec,umask=000 0 0
# Added by KNOPPIX
/dev/hdb1 /mnt/hdb1 vfat noauto,users,exec,umask=000 0 0
# Added by KNOPPIX
/dev/hdb5 /mnt/hdb5 ext2 noauto,users,exec 0 0
# Added by KNOPPIX
/dev/hdb6 none swap defaults 0 0
# Added by KNOPPIX
/dev/hdb7 /mnt/hdb7 ext3 noauto,users,exec 0 0
# Added by KNOPPIX
/dev/cdrom /mnt/hdc iso9660 auto,users,exec 0 0

Here is grep CD
dmesg|grep CD
hdc: ASUS CD-S520/A4, ATAPI CD/DVD-ROM drive
hdd: ZIPCD 4x650, ATAPI CD/DVD-ROM drive
Vendor: ASUS Model: CD-S520/A4 Rev: 1.2
Type: CD-ROM ANSI SCSI revision: 02
Vendor: IOMEGA Model: ZIPCD 4x650 Rev: 1.04
Type: CD-ROM ANSI SCSI revision: 02
Attached scsi CD-ROM sr0 at scsi0, channel 0, id 0, lun 0
Attached scsi CD-ROM sr1 at scsi0, channel 0, id 1, lun 0
Uniform CD-ROM driver Revision: 3.12

What do I have to edit to mount the CDROM?