READ THE LICENSE - then make your own decision.
IANAL - but even I can see that you are reading what you want to read into the terms that YOU AGREED TO.
Here's the rellevant text -
Code:
5. Distribution.
a. Software Preinstallation.
i. For each unit of Software in the Pack, you must pre-install one copy of the Software on a Customer System prior to
distribution. If the Software includes more than one language version, you must install only one language version.
ii. For such pre-installation, you must use the OPK provided in the Pack or otherwise made available by us. You may use the
information, tools and materials contained in the OPK solely to preinstall the Software in accordance with the OPK. See www.
microsoft.com/oem/sblicense/OPK for additional information about the OPK. You may not distribute the OPK to the end user.
iii. See Original Equipment Manufacturer Preinstallation Kits for additional hardware requirements when pre-installing Microsoft Windows Starter
Editions.
iv. This preinstallation requirement does not apply to server Software. Instead, server Software may be distributed inside the
Customer System package.
b. End User License Terms. You must distribute the Software pursuant to the end user license terms (“License Terms”) that
accompany it. Under the License Terms, you are the licensor.
c. Hardware. You must distribute each Hardware unit with either a Customer System, or another non-Microsoft computer hardware
component. If you distribute a Hardware unit with a Customer System, you must preinstall any associated Software drivers
and programs provided to you in the Pack. Before you distribute the Hardware, you must test it to ensure that the Hardware
functions properly with the Customer System. Microsoft makes no warranty or representation regarding the Hardware’s
compliance with any federal, state or local laws or regulations relating to computing devices or products sold to the public.
d. Alternate versions. The Pack may include more than one platform version of the Software such as 32-bit or 64-bit. You may only
preinstall one version but must distribute both versions to the end user.
(emphasis mine)