With WinBuilder, many of the functions of Windows that are not in the basic WinFE builds are included. This includes the Windows"Start" button, computer management tools, and even network access.
Running WinBuilder is not complicated and scriptable. The one thing it does not do (at this time) is make your CD forensically safe with the 2 registry changes. However, this is easy enough to do manually or by writing a script to be used during the build.
I'm not sure how I missed this before, but I may have now found my primary method of making a WinFE disc, using WinBuilder instead of a batch file. Oh yeah, you don't need WAIK either.