Not really. OEM stands for Original Equipment Manufaturer (or red. I forgot). Anyways, the license will bound the software/hardware to the thing that it's suppose to
- bundled with (in case of buying a new PC from a vendor like DELL)
- The first system that it's installed in (3rd party OEM). In this case like buying an OEM Vista from Lowyat, and install it to your PC. The OS is now binded to that machine ONLY and can't be shifted to another.