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According to this question, it is legal to use a Windows 7 OEM license that is presently installed as a 32-bit install with a 64-bit version of Windows 7. With that in mind, I purchased several refurbished systems through TigerDirect. When I received the computers today, I found that they have a Windows 7 license key attached to them that says it is a "refurbished key." A flyer in the box also seemed to imply that this key would not work with regular OEM media.

Has anyone tried using regular OEM media with a refurbished key? I had hoped to create a new 64-bit WIM image that I could use on these systems, but I don't want to try replacing the default install with this new 64-bit install only to find that the key won't validate. If it requires a special customized image, is it possible to convert another type of Windows 7 disc into the required sort much as one can convert a retail disc to an OEM one (and vise versa)?

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I have not had any problems using "refurbished" keys. They seem to act just like regular OEM keys. That being said, ensure you do not duplicate and have multiple installs of those keys, as always.

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There is one big difference between the "Refurbished" and the "OEM" install disks of Windows: The refurbished version MUST be installed on a computer that already has or had a previous licensed and activated copy of Windows running on it with the same motherboard. If your computer or motherboard is new ( most likely you custom built it one if it doesn't already have Windows on it), or it is a Mac and your going to install Windows into Boot Camp for the FIRST TIME, the "Refurbished" versions WILL NOT ACTIVATE! In those cases, you must use either a "full" version or the "OEM" version. Microsoft's position on the refurbished version is they are only authorized to be installed by members of their Refurbished Partner program. However, I've installed them on systems as regular individual (not a member of their program) and can confirm what I've said above - works as an upgrade disk (say from Windows XP to Win 7), does NOT activate for new machines/new boot camp installs.