In the examples below, the following variables are used:

${devfloppy}:   The path to your floppy drive under the /dev file system 
               (e.g. /dev/scsi/host0/bus0/lun0/disc for a USB floppy) 

${mntpoint}:    The floppy mount point (e.g. /mnt/floppy).

${kver}:        The kernel version (e.g. 2.4.16)

${kdir}:        The kernel "/boot" directory (e.g. /boot/linux/<Kver>)

${lver}:        The LILO version (e.g. 22.1)

${ldir}:        The LILO "/boot" directory (e.g. /boot/lilo/<Lver>)

${kimg}:        The kernel bzImage name

${lconf}:       The configuration file to use with LILO 
                (e.g. lilo.floppy.conf)

Boot Floppy:

fdformat ${devfloppy}

mke2fs ${devfloppy}

mount ${devfloppy} ${mntpoint}

mkdir ${mntpoint}/dev ${mntpoint}/etc ${mntpoint}/tmp

mkdir -p ${mntpoint}/${kdir} ${mntpoint}/${ldir}

cp -a /dev/null /dev/zero ${mntpoint}/dev
# NOW YOU MUST COPY ANY OTHER DEVICES YOU WISH TO USE ONTO THE FLOPPY.
# ONE OF THESE MUST BE THE /dev/floppy/0 OR /dev/scsi/host0/.../disc
# THAT DEFINES THE FLOPPY, AND ANOTHER SHOULD BE THE HARD DISC THAT
# CONTAINS THE ROOT PARTITION (e.g. /dev/ide/host0/.../lun0/*)

cp -a ${kdir}/${kimg} ${mntpoint}/${kdir}

cp -a ${ldir}/*  ${mntpoint}/${ldir}

lilo -C ${lconf}