This module provides awesome installation. It's really awesome. It uses hook_form_alter to hijack the admin/build/modules page and awesomify it.
It does not currently work, it is just a proof of concept at the moment.
[UPDATE -by Senpai] There's an feature request in the issue queue that this module addresses. See http://drupal.org/node/230059 Idea #3 for details about the reasoning for Awesome Install.