I've been told that you can install XP on up to 2 computers but only if it's the full retail version. With the OEM version you are only allowed to install it on one computer and the only way to install the OEM version(legally) on another computer is to buy another license. I think an additional license costs somewhere around $45 or +$100, I can't remember what they told me.
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CPU: Intel P4 3.0 HT
Mobo: ASUS P5P800
RAM: 2x512 PC3200
VC: ATI Radeon X850PRO
HDD: 160GB Seagate SATA
PSU: 500watt Ultra X-connect
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