Yes, once you copy the image source to CD you can use it to make many remasters. You just need to make sure that the script that you use doesn't erase the source directory after making the iso image.
is it possible to use the same remaster over and over ie.. do a remaster with the remaster scripts make iso decide some changes are needed andd chroot back into the remaster do changes and remaster again and agfain till liking or is there some kind of a cleanup script needed to get rid of compressed filesystem or just del rm the iso?
Yes, once you copy the image source to CD you can use it to make many remasters. You just need to make sure that the script that you use doesn't erase the source directory after making the iso image.

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