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downgrade from ultimate 64 to home premium 64 w/true image home 2011
I was the first in the family to make the jump into Windows 7, and I installed 64 bit ultimate. The rest of the family is ready to move from XP to Windows 7. I have the 3 pack of home premium(HP) on the way. I need to downgrade my license from ultimate to HP, hopefully without having to reinstall all of my software/serial numbers & data. One of the kids with a more powerful compuer will get the Ultimate. I am using Acronis True Image Home 2011 for back-ups. I would like to reformat my drive C:, so the Win 7 HP installation is to a clean HD.
A. Is it possible?
B. How would I go about doing it?
Thanks in advance for any help.