Windows 7: MS Office Project 2007 Pro Activation query

Hi all. My daughter's school offered students a free copy of MS Office Project Pro 2007. She has no use for it but I do, so I snagged it along with the installation product key.



I installed it on my current desktop to check it out - make sure I can open my old Project 98 files, etc. Works great! But I have not activated it yet (22 more starts to go!).

This version has a One Installation on One Machine license.

Now I plan on building a new machine in the next couple of months and I will want Project 2007 on that machine. So my question is: should I wait and install & activate once I'm on the new machine?

Some high end programs have an option to deactivate the installation on the old machine and reactivate on the new machine, allowing only one installation on one computer. Is this the case with Office progs? Or are they serious: installed on one computer - give it away with the computer when you upgrade?

Educate me please!

Dear TVeblen

Let me quote you Microsoft Software License Terms (MSLT) for 2007

Thus, IMHO you shouldn't have any troubles reassigning this copy to another device.
There is no procedure for MS OFFICE deactivation. One should simply uninstall software from first computer and then reinstall and activate it on the second.
Should you ever experience any troubles, you can always reactivate vie phone.

Thank you for the reply!
I think that answers all of my questions.
(I've never read a license all the way to #15, obviously!