Sharing a printer on a Windows 7 workstation in a mixed environment

I need to share my USB HP printer I am running on my Windows 2007 workstation. Then I need to print to this printer from a Windows XP workstation. These workstations are on a Windows 2003 SBS server.
Will there be difficulty in doing this or is it pretty straight forward? I have tried sharing printers off of a Vista workstation and that was nothing but problems in a mixed environment with XP.
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I wonder what those problems looked like - normally this should be straight forward in both cases.
On Windows 7 the printer must be 'shared' and File and Printer sharing enabled (that also means user-name and password required).
On the XP machine you just add network printer (perhaps you will need to install additional drivers).
Then, make sure the connection works and that you can see the W7 printer from the XP machine and connect to it.

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