The sysprep method will work as well and won't require the reformat of the drive. Make sure you get the correct version of sysprep for your operating system. It is located on the Installation CD. Right now I can't remember exactly where but if you search the Microsoft site for sysprep, you will find the info on how to use it.
I use sysprep all the time with XP based machines when upgrading the mobo and it works flawlesly. Oh yeah, you have to have a full install of the OS for it to work, no upgrades allowed. Also, if you have XP and have already installed SP2, you will have to download the sysprep utility from Microsoft, the one on the CD won't work right.
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