Just a quick fact to the writer of this post. And for those that aren't that familiar with how the XP product activation really works.
When you install XP (any version) windows takes the cd-key that you enter , and then takes digital "signatures" from certain peices of hardware in your system. Each piece Processor, video card , sound card , RAM , and network adapter ...etc. And then uses the key and all the "signatures" for each piece of hardware to come up with your "installation ID". That is what identifies your computer to Windows XP every time you turn it on.
When adding or upgrading hardware , you can do it , Windows is actually really flexible in what it considers "drastic hardware changes" , before it asks you to reactivate the software. All of the above pieces of hardware are also given a point system that Windows goes by when deciding if there has been a big enough change in your setup to qualify for a re-activation. Total of 10pts.
For example...your processor may be worth only 1pt. , memory 1pt. the one that I know is a biggy is your network adapter which scores 3pts. on the scale.
So if you are upgrading motherboards , and use all the same hardware on the machine except for the motherboard. you might get away with it , as long as the new parts don't exceed the 10 point scale.
Does that make sense?
But ya , with a new build , I'd definately back it all up first , and f-disk the bad boy , do a complete format and fresh installation of the OS. Nothing like a fresh PC. It's like puttin on a clean pair of socks.