Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.
To create a forms library definition with VSeWSS 1.1 is very easy. You can similarly create a list definition based on a content type. However, you cant automatically create a forms library with an attached content type.
This is how I did it.
In <ContentTypes> optionally remove the base Form content type reference if you only want to allow the specific content type:
<ContentTypeRef ID="0x010101"> ... </ContentTypeRef>
Add a new <ContentTypeRef> that has the ID that matches the content type you created in step 1.