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I was thinking about getting a copy of Windows for my iMac (i5 quad core). Are there any issues with using OEM versions with the current version of Boot Camp?
Are you all using the 32bit, or 64 bit version of Win7?

Parallels and other VM's are great for a lot of reasons. The main reason you *don't* want to use them is when the applications are CPU intensive - the VM has to translate everything from the one os (OSX) into the the other. Running in 'native' mode, e.g. booting directly in the OS you need, gives you far more horsepower.

iMacs Rock!