Using two NICs is possible for Internet sharing (software NAT) in Win98se, Win2000, and Win XP.
Two NICs can not be "bonded? to double Internet bandwidth.
As oppose to the previous OS?, Win XP added a general bridging capacity; the following is an edited exerts from the bridging explanation in Win XP Help information.
Network Bridge overview
The Network Bridge provides an inexpensive and easy way to connect network segments. For example, suppose you have three computers: computer A, computer B, and computer C. Computer A has two Ethernet network adapters, and computers B and C have one Ethernet network adapter each. An Ethernet cable connecting A to B would create one network segment. An additional Ethernet cable connecting A to C would create a network segment.
Traditionally, if you want to have a network that has more than one segment, you have two options: routing or bridging. IP routing is a common solution for connecting network segments. However, to set up for IP routing you need either to buy hardware routers or set up the computers at the junctions between segments to operate as routers. IP routing requires difficult configurations for IP addressing for each computer on each network segment, and each network segment needs to be configured as a separate subnet. IP routing is a good solution for large networks, where scalability is important.
The network bridge, in contrast, allows you to connect network segments by selecting the appropriate network connection icons and clicking Bridge Connections. Similar buttons allow you to enable the bridge and add connections to it. The network bridge manages your network segments, and creates a single IP subnet for the entire network. There is no configuration required, and you do not need purchase additional hardware such as routers or bridges. IP addressing, address allocation, and name resolution is highly simplified in a single subnet IP network. (End of quote).