32bit vs 64bit

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Hi All

I am thinking about getting Windows 7 and was wondering about installing the 64 bit version, but I have a few questions which I am sure the knoledgable people here can help me answer.

So Here goes:

1. Am I correct in thinking that the Windows 7 install disk have both versions, you just choose the version you want when installing?

2. Will 32bit software run on a 64bit install, I have a number of programs that don't have 64bit versions available - will I still be able to use them.

Thanks everyone

Rich
 
Thanks adamscybot - so for things like image and video editing it would not be a problem. but a 64bit version would be better that a 32 bit version running in a 64 bit environment?

Rich
 
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