To understand the WITH basedata, you should read this:
http://msdn.microsoft.com/en-us/library/ms175972(v=sql.105).aspx
and this:
http://msdn.microsoft.com/en-us/library/ms190766(v=SQL.105).aspx
Luis C.
General Disclaimer:
Are you seriously taking the advice and code from someone from the internet without testing it? Do you at least understand it? Or can it easily kill your server?
How to post data/code on a forum to get the best help: Option 1 / Option 2