^ Just found this from Microsoft regarding 32-bit apps...
"Windows XP Professional x64 Edition provides a rich platform to integrate 64-bit applications and existing 32-bit applications using the Windows on Windows 64 (WOW64) x86 emulation layer, providing customers with the ability to move to 64-bit computing without having to sacrifice their existing investment in 32-bit software and Windows expertise."
So Fluiduk, I guess they will still work.