I installed Slackware 12.0 on an old laptop (P3 , 256 MB RAM). This laptop has no CDROM and No Floppy drive. I installed it using PXEBOOT install method introduced in Slackware 12.0. It means, I have to boot from network card to get Slackware's installer running (Disk 1). Installing packages can be done using NFS. I'll story about that next time. :-)
The laptop's vga is i830M. I can use whether i810 or intel for the driver of xorg. To run compiz was a bit tricky for this chipset. After googling for awhile, I managed to get it running good. Your mileage may vary though.
Command to run compiz :
LIBGL_ALWAYS_INDIRECT=true compiz --replace ccp && emerald &
Note : emerald is the window decorator I have chosen to run. There are other window decorators but emerald is one of the famous.