(This is a continuation of my question on Ask Ubuntu.)
My goal is I want to have a Xubuntu/Ubuntu dual boot, with a catch - I want the disk to be fully encrypted with the dm-crypt (native supplied) whole disk encryption. Now I know, out of the box the ubuntu installer is not going to make this simple for me, and maybe this is not doable, because I am not sure I can ultimately trick the tools into creating the two different initrd configurations for each root filesystem.
So questions:
Has anyone done this before and is there a simple way I am missing to do this?
Given (1) is a negative...
Should I create separate base encryptedf volumes for each installation (xubuntu/ubuntu) or should I just create 1 encrypted volume and separate install partitions inside it? I am leaning toward the latter to make the process simpler. However I am not sure how the boot loader will handle this.
Once I get the first laid in, if I go with 1 encrypted volume, how do I decrypt it and install the second distro (and get the boot loader, initrd, etc updated properly)?
Thank you... Any insight is appreciated.

