Do the other members of your family have UFT? If so you could record on the CD the Project, Library and Imaage folders. When these folders and file are put on the CD they are changed to Read only. So when family members move these to their computer they must change this. Course they need to make a folder to hold the project, library and image folders so they wouldn't overwrite their own work.
BUT do you really want to do this. Wouldn't it be better to put a Family Journal on the CD in Word format, Acrobat format, and HTML from the Local Web page generation features of UFT?
OR get the program GenViewer and put this on the CD along with a 5.5 GEDCOM file. With GenViewer you can print Family Group Sheets, Descenant charts and Pedigree charts. Only takes a second or so to load the file. I you have GenViewer there is a feature that puts GENviewer and the GEDCOM together for another user.
OR wait awhile and get FTST when it comes out to use as a viewer for the UFT full project or backup .sqz files. FIST will permit importing multi projects to be viewed together as one. But is also Read only so data can't be changed. The next step after FIST is version 5 of TMG where the data will be able to be worked on.