Using Winrar v3.30 I got all of xplorer2 lite's files (except the uninstaller) down to 481-482Kb) by compressing it as a solid state RAR, thats roughly 100Kb less the current distro method. Turning it into a RAR self-extracting would add about 20-30Kb on to it.
I have a HTML report of it if anyone is interested.
xplorer2 lite smaller distro
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