I found this information on the troubleshooting part of free mcboot website:-
How do i install FMCB to another MC with just the FMCB i have now?
* Place the FREE_MCBOOT.ELF and the INSTALL folder on a USB stick.
* Re-name the FREE_MCBOOT.ELF to RESCUE.ELF
* Insert the MC with FMCB in slot1, the other one in slot2, and the USB device
* Start the console and the installer should load
If its doesnt work for some reason, re-name it back to FREE_MCBOOT.ELF (or whatever you will know its the installer) and use uLaunchELF to run it.
I am wondering where do I get the install folder from? My memory card? or the noobie install package from the site?
I assume I can make this card and give it to a friend to use on his PS2?