Maybe 450M is not the final number. I've checked the original disks. The game installation on the first disk is ~420M. Classic games are around 68M altogether. The rest of the first disk is filled by yet another copy of DirectX, four demos, and multiple installers. In case if anybody is curious, the demos are Army Men, High Heat, Meridian 59, and Requiem. the second disk contains 200M of Smacker videos and 15 audio tracks. I suspect that the second disk can be recompressed much better and everything but demos would neatly fit one CD. Speaking of CDs, the game came on those cool holographic CDs with 3D dragon head. One of those cooler packages.
Just for fun. Here are two covers from the original boxes. One is from the original US release (Limited Edition), another one is later Special Edition (could not resist Fry's $9.99 price about year ago, never actually opened the box). Those two boxes... it's like a puzzle -- find 10 differences. Just open both images and judge for yourself. Interesting enough, the Special Edition box looks closer to the game poster, just heavily cropped, to the point that there is no artist's signature. Totally bizarre.