How can I run EXEs from CDSHELL!?
E.g. windows ME setup...

I don't think so.
Reason? Because cdshell is not an OS itself, it's only a script debugger.

if you want to run the WinME Setup, you need to make CD SHELL run a dos boot disk and do it that way...

i have WinME, 98SE, 2000, XP + Multible boot disks on my DVD...