Using Windows 7 Backup. Multiple videos explaining the process.
Work Arounds For Home Premium
Windows 7 Home Premium will for most cases be the right choice!
I was listening to the Windows Weekly podcast with Paul Thourrott, which I highly recommend for anyone interested in Windows and dry humor. Considering the topic, a really good combination. Check the podcast at: http://twit.tv/ww . Also check out Paul’s site: http://www.winsupersite.com/
Anyway Paul commented on that Home Premium of Windows 7 seems to have the biggest bang for the buck. Home Premium does limit some of the features that you may want but not pay the extra dough for. Mr. Thourrott has put up a very good graph of the different versions and what is included with each, you can see this at: http://www.winsupersite.com/win7/win7_skus_compare.asp