Does anyone know if it is possible to adjust the .NET 2.0 Framework security without installing the SDK?

I know in .Net 1.x Framework - the tools are in the control panel. But all I have found is that they are now part of the SDK. Can I distribute the tools only into a smaller install package than the 300+mb SDK download?

My only need is to adjust security for the Local Intranet to full. My server admin does not want me to load the entire SDK on the Terminal server.

Thanks in advance for any light you can shed on this.