Rich, myzr7, I think that the 2nd snip is the key. You are not violating the EULA if you own a previous version of XP or Vista, no matter which. You can't do an upgrade, just a clean install, going from any version besides Vista Business to Professional.
But as long as you own the previous version, you should be OK. Take a look at
this blog at MSDN, it is pretty good.
What you are not allowed to do is to do a clean install (which is possible whether you have a previous version or not) with an Upgrade disc if you don't own a previous version. In this case you would be violating the EULA.