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You also could patch the large holes and cracks with cement of a similar consistency as your current floor and then pour the leveling compound over it to seal it and conceal the patchwork.
[This message has been edited by Lawrence (edited March 14, 2002).]
It would be a good idea to use fiber reinforced concrete for this job to help prevent future cracking. The fibers are added at the concrete plant so no additional work is required although the cost of the concrete is slightly higher than without the fiber. Using welded wire fabric reinforcement is another possibility but will cost about the same and requires more work. Whichever you decide to use, if you have never worked with concrete before, you will want to hire a professional concrete finisher to do the work.