XSLT to remove characters and whitespaces

i have a xml file with some content in it which contains some unwanted
carriage returns and whitespaces. Now I'm trying to write a stylesheet
which makes an exact copy of the source file but without the returns
and whitespaces. I thought this should work:

<?xml version="1.0" encoding="UTF-8"?>
<xsl:stylesheet version="2.0" xmlns:xsl="http://www.w3.org/1999/XSL/Transform">
<xsl:output name="stripped" method="xml" version="1.0"
encoding="UTF-8" indent="yes"/>
<xsl:strip-space elements="*"/>
<xsl:template match="/">
  <xsl:result-document format="stripped" href="result.xml">
     <xsl:apply-templates/>
  </xsl:result-document>
</xsl:template>
<xsl:template match="*">
  <xsl:element name="{name()}">
     <xsl:value-of select="normalize-space(translate(translate(.,
'&#x0d;&#x0a;', ' '), '&#09;', ' '))"/>
  <xsl:apply-templates/>
  </xsl:element>
</xsl:template>
</xsl:stylesheet>

Regards,
Georg