Chances are they have a huge license for Windows XP, and they just make CDs that give you a link to download it. They bought a mass license that covers all the computers on their campus, so they can do that. It is exactly the same software, but it's not on the CD (probably. It might be a copy)
My University did the same thing with Norton Corporate, only they distributed CDs for free. All that was on the CD was a link to a download site, and that download only worked if you were on the University network.
Edit: JStrider is a fiend. He got there first.
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