Presume you mean 'XP' as in Windows XP, but yes the licence policy is
exactly the same - one installation per licence and tied to the
hardware it's first install on.

We all have hardware failures and in the case of a new motherboard
I've not had problems activating but it might mean talking to an
advisor to get it sorted, use the automated freephone system at first
and if it refuses to activate you'll get the option to speak to an
advisor where you can explain the situation :-)

PS: A refusal by an advisor is final and there's no appeal process,
the key is revoked permanently - so be nice to them, they have the
finger on the 'reject' button

MB> I'm curious about Win 7. Does anyone know what the MS policy on
MB> Win 7 and the sticker/license? Is it basically the same as XT?