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What is the difference between installing Windows XP Mode versus installing a Microsoft virtual pc running Windows XP SP3 on a Windows 7 64 bit Professsional operating system?

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What is the difference between installing Windows XP Mode versus installing a Microsoft virtual pc running Windows XP SP3 on a Windows 7 Professional 64 bit operating system?

The Windows XP Mode install file is WindowsXPMode_en-us.exe and the Windows virtual pc installation file is setup.exe.

I need to be able to run Quick Books Professional version 6 on a Windows 7 Professional 64 bit operating system but so far have been unable to do so since Quick Books Professional version 6 is only compatible with Windows XP or Windows 2000.

So I am trying to figure out if I should install and use Windows XP Mode or install and use Microsoft Virtual PC to run a Windows XP SP3 virtual operating system.
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PowerEdgeTechIT Consultant
Top Expert 2010
Commented:
XP Mode is a pre-defined VHD from Microsoft to make it easy for those not comfortable installing XP from scratch.  You can actually install XP yourself in another VM.
Most Valuable Expert 2013

Commented:
setup.exe doesn't contain an operating system it's just a virtual computer wating to be installed.
 
Once you've added XP Quickbooks will run in either
Retired
Most Valuable Expert 2013
Top Expert 2009
Commented:
You have to install Virtual PC AND XP Mode to use XP Mode.

As noted above, XP Mode is simply a pre-configured version of XP with the integration features installed that allow "seamless" integration with the Windows 7 GUI.     These integration features can also be added to a virtual XP machine that you create yourself.

There's fundamentally no difference between what you'd have if you install Virtual PC;  create your own virtual machine; and load it with XP vs. what you'll have by simply using XP Mode.    Two key differences are (a)  you'll need an XP license to install your own copy; and (2)  although it doesn't apply in this case (since you have Professional), you can do the former in ANY version of Windows 7, whereas you must have Professional, Enterprise, or Ultimate to use XP Mode.
Knowledgable:

 What these guys are trying to tell you in very simple terms is you can install there free XP mode in windows 7 pro with 2 simple downloads that will take very little time.
OR
You can do it the very very long way with your own copy of XP. The result will be the exact same thing.

Robert