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#81
I've never used the Macrium for cloning, I use it for imaging. But, I know others who have cloned with it and have been very successful. I use Paragon Migrate ($19.95) and it never fails. But none of them will put your data at risk. Cloning is basically just copying. The sector by sector does sound like it may be cloning. You'll have to read the instructions and make sure it is talking about an OS drive. There is a difference in cloning an OS and a data drive. But, I would assume a sector by sector copy would be a OS drive. Cloning is not risky to the data by any program I've ever seen. it is simply a copy, but in an exact manner as the program has to be aware of boot sectors and several other things.
As for your first question, yes that's exactly what I meant. You can either do that, do a clean install of both OS's or you could gamble and try to change it and see. If it won't boot. it will BSOD. You can then go back and into bios and change it back, and usually no harm done. I think Windows 7 would be fine trying it, but I don't know how XP will deal with it. Windows 7 is much more forgiving than XP.