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you couldn't use it on your Dell. MS product activation will stop you:
Product Activation Overview Microsoft Product Activation is an anti-piracy technology designed to verify that software products have been legitimately licensed. This aims to reduce a form of piracy known as casual copying. Activation also helps protect against hard drive cloning. Activation is quick, simple, and unobtrusive, and it protects your privacy.
Product Activation works by verifying that a software program's product key has not been used on more personal computers than intended by the software's license. You must use the product key in order to install the software and then it is transformed into an installation ID number. You use an activation wizard to provide the installation ID number to Microsoft either through a secure transfer over the Internet, or by telephone. A confirmation ID is sent back to your machine to activate your product.
The installation ID number includes an encrypted form of the product ID and a hardware hash, or checksum. No personally identifying data is included or required. The confirmation ID is simply an unlocking code for the Windows XP installation on that particular PC.
If you overhaul your computer by replacing a substantial number of hardware components, it may appear to be a different PC. You may have to reactivate Windows XP. If this should occur, you can call the telephone number displayed on the activation screen to reactivate the software.
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