New
#11
Depending on how many applications are involved I may be simpler to add the applications with issues to the Windows 7 XP mode which will then allow you to run the programs either in the virtualised XP or directly from 7.
If you could image the existing install, convert the image into a suitable VM (not XP mode), All of which may well be possible, I am not sure how Microsoft will react to a telephone re-activation which would be required