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No that won't cover the retail costs of 7 once out. What that membership there allows is trying out a long list of beta to RC versions of the various other MS softwares. If you already have a Windows Live id simply sign in at TechNet Plus Subscriptions: TechNet subscribers get TechNet Plus downloads and product keys, support, and more | Subscribe to TechNet Plus Subscriptions | Get Windows 7 Beta Now for all the details including a few video clips on what that offers.