Probably not. Both OSes will haul ass on that platform.
The one thing you might miss is if you run 32bit XP, you won't see more than about 3.5GB of RAM max. On win7 64bit you'll see whatever you put in there. The difference is in 32bit kernel vs 64bit kernel there.
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We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
-Winston Churchill
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