Can I use Dell original product key to activate a clean Windows installation after I have replace/upgrade motherboard, processor and other key components?

I have a Dell computer, with Windows 7 Home Premium 64-bit installed in the factory. There is a product code for windows on the sticker on the box. My problem is that the motherboard and CPU are released. I intend to replace and update the motherboard failed and cpu, ram, power supply, optical drive and eventually put in a larger hard drive. From what I read, I can not simply start the machine with the original hard drive, with windows already installed and activated. So if I wipe the hard drive (or put it in a new), can I clean install Windows 7 and then just use the product key on the sticker on the box to activate the new installation? Or what I need to buy a new copy of Windows 7?

I've also read on other threads, that you can "transfer" a license of Windows 7 on a different machine only if it is a "commercial" version, not OEM. If the version of Windows that is preinstalled on a Dell computer would be "retail" or "OEM"? And to reactivate the software on a rebuilt/updated machine up-to-date with the new motherboard, etc. would constitute a 'transfer to a new machine' or reactivation just on a computer upgraded?

The OEM of Windows 7 versions are identical to the versions commercial full license with the following exception:

-OEM versions don't offer any free direct support from Microsoft technical support Microsoft

-OEM Licenses are tied to the computer first you install and activate it on

-OEM versions allow all hardware upgrades except for an upgrade to a different model motherboard

-OEM versions does not move directly from an older Windows operating system

What is OEM software? :

http://support.Microsoft.com/GP/oemsupport_1/en-GB

Licensing FAQ:

http://www.Microsoft.com/OEM/en/licensing/sblicensing/pages/licensing_faq.aspx

Tags: Windows

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