You don't install a filesystem in the way you seem to be saying. I don't recall now if PCLinuxOS offers reiserfs as a formatting option, but if not then you will need to use something like the GParted Live CD to format the partitions before installing the OS.
Ok I have just used an old test machine again to repeat the installing test I tried the other week.
1. boot from live cd.
2.install.
3.custom hard drive install.
4.create /
5. choose filesytem type.
6.default is ext3, other = * 100 to choose from *..but I looked for ReiserFS file system ... found Reiser4 -->ok.
7.will download this-->ok , seem to download file system, then get some error message, could not unload it.
8. so I looked for other, found ReiserFS-->ok This seemed to be on the disk.
9. carried on the rest of the install for swap & /home ( ReiserFS ). format, install system files etc.etc.
10. Now have HD with RFS on
Now just got to do my other computer. :'(3
*I was surprised that there were 100 different file systems to format the disk with.