Kernel Compile

[Grant <orblists@orbysrealm.com>]

Hey,

I have a laptop P2 300mhz, 128mb ram and a desktop box thats 2ghz,512mb ram.

The question is that could i use my 2ghz machine to make and compile a 
kernel, then package it up into a .deb and send it to the laptop and 
install it and it work ?

Would i need any extras ? i know i would have to select the hardware for 
the laptop, but would i need to include the hardware for the 2ghz or 
just the laptop ?

Thanks
Grant.