Coming to a theatre near you, I read a blurb that Windows 7 Pro, Ent, Ult. will have an out-of-band download to support a prebuilt Windows XP SP3 machines virtualized by a newer version of Virtual PC wrapper. This new implementation of XP is designed to give Windows 7 near 100% compatability to Windows XP applications, provide a "unity view" (like VMWare Workstation 6.5) functionality of those XP installed virtual desktop applications as published applications right into the Windwos 7 desktop without having to have the full virtual machine desktop overhead, and provide Managed Desktop options via Active Directory and Group Policy. So expect to have an ADMX extension for Windows 7 clients.
<a href="http://community.winsupersite.com/blogs/paul/archive/2009/04/24/secret-no-more-revealing-virtual-windows-xp-for-windows-7.aspx">"For Windows 7 specifically, XPM is a huge convenience, especially for Microsoft's corporate customers, who can of course control XPM behavior via standard Microsoft administration and management technologies like Active Directory (AD) and Group Policy (GP)."</a>