Looking to transition into Win7?

Hey, I have XP installed on my computer, and new games are coming out that aren't XP compatible -- I'd like to install 2 OS on 1 drive, is this possible? My C drive is 233G and my XP system is only taking up 23G of it, can I partition the drive, install 7 on the other partition and modify the boot.ini to boot into either XP or 7 on the same drive?

Windows XP SP3

AMD Radeon HD 6850 - 1024MB

MotherBoard:
ASUSTeK Computer INC. P5K SE Rev 1.xx
Bus Clock: 200 megahertz
BIOS: American Megatrends Inc. 0401 07/19/2007
Realtek Onboard Audio

3328 Megabytes DDR2 RAM

Processor:
2.00 gigahertz Intel Pentium Dual
64 kilobyte primary memory cache
1024 kilobyte secondary memory cache

 

You would probably want to run the Win 7 upgrade advisor, rate the outcome against the experience index. Get to know Windows 7. If we can't help you here, there is Microsoft Answers.