In short, no. buuuuuuuuut...
You put in the modified MC (memory card) and boot to it. Then you load the FMCB installer from USB. Put the new MC in and install. Copy your configuration files over. Ta-da, back-up. Maybe ~10 minutes?
Why this way? The OSDSYS file needs to be encrypted with the ID from that specific MC it resides on, and if you "copy" it, the encryption doesn't match the new card's ID.
EDIT: I suggest you do the file management with the handy-dandy new uLE 4.42a. Also, if you install FMCB 1.8c (recent release?) it's like 65KB (OSDSYS) instead of >100KB.
EDIT2: There is an app called "Open PS2 Loader" (OPL) here. It's waaaaay better (heavily opinionated ) than HDL. It's compatible with previous HDL hard drive game installs, loads games from USB and you can load games from a SMB share from Windows/Linux/BSD aaaaaaand supports virtual memory cards. FMCB, OPL and uLE are all still actively developed here. The SMB thing works pretty well, and I hear there is a compatibility list. Someone correct me if I'm wrong (about the list ).
LOL, EDIT3: Yes, it should work on all phat models. I believe even the slims up to 70000/77000 (somewhere in there).
Last edited by nodots; 11-15-2011 at 07:47 AM.
PS2 (39001), FMCB 1.8c, 40GB HDD, OPL 0.9 beta, uLE 4.42a
PSP 2001 "Imperial white", 6.60 PRO-B10
Xbox 1.6, 20GB HDD (fonts=>nkpatcher 10)
Xbox 1.0, X2 Duo, 50GB HDD (128MB/VGA mods soon)