1.someone just said that i can run directly an application from win 7 after installing it in xpmode...is it true?
Yes, when you install Microsoft Virtual PC, it creates a shortcut in the Win7 start menu. I checked the link of the sample above and this was in its properties dialog.
%SystemRoot%\system32\rundll32.exe %SystemRoot%\system32\VMCPropertyHandler.dll,LaunchVMSal "Windows XP Mode" "||10242439" "Shortcut to Project1"
I did not make that link, it was created by MSVirtualPC and added to my start menu.
2.how about my software(graphic, touchpad etc)? last time i tried to install win xp32(normal) in to my laptop it didnt go well...i think(maybe) when trying to install winxp, i get BSOD...and why is that?
I get that too. Apparently, the XP installer cannot recognize new laptops (Laptop came with Vista, i wanted to 'upgrade' it to WinXP, no dice.)
When you install VirtualPC WinXP, you are not actually going through a full WinXP installation since it's piggybacking on your Win7 drivers already. If you have a WinXP installation disk, you will not be using it. Not sure about WinXP specific devices since i've thrown those out a long time ago.
You don't actually have a WinXP folder in your harddrive containing your system files. It's all compacted in one module. On my PC it's.
C:\Users\lapa\AppData\Local\Microsoft\Windows Virtual PC\Virtual Machines\Windows XP Mode.vhd
That is a 5.7 Gigabyte file. I can't find the program i installed anywhere in my harddrive, so i'm assuming that it's inside there as well.
When you're downloading the WinXP module, it's under 500MB. And while it's running, it will continue to check for updates.
A bit of warning tho, Win7's MSE does not work so you may want to install a WinXP anti-virus. It does have Windows Security Center and will also automatically download WinXP updates. If you get a message that says windows needs to restart after downloading an update, it will only restart the VirtualPC, not your actual PC.

Drives A, C and D are the ones inside the VirtualPC.
Under "Others". Drive C, D are my 'real' partitions. E is my card reader (it's a laptop). F is daemon tools. Z is my USB drive. If you check your router, you'll likely see two new devices connected to your network. The virtualPC and WinXP module are given their own separate network names. Not really sure how that works considering that they're all using the same LAN card.