Hi everyone,
Yep, XP Mode looks pretty cool, a way for Windows to finally split out all the legacy bits needed for backward compat! And hopefully it'll encourage Intel in particular to stop pulling good, useful features from ships for purely marketing reasons!
I've been running 7 Beta, and now RC, on my netbook (Acer Aspire One D150 - Atom N280, 1Gb RAM, 160Gb HDD, Intel GMA950) since I got it about a month ago. It runs fine, no performance problems, and no driver issues either. Even the integrated 3G modem's drivers and support apps installed and worked first time. In fact it’s what I’m typing this post on!
I'm a fan of NT6 generally

, in my experience even the much maligned Vista was a substantial improvement over XP/NT5. Server 2008 was a revelation compared to even the very good 2003, and now 7 looks like being a really good, solid OS.
OK, M$ propaganda over!