I wouldn't go with XP 64... it's definitely faster as an OS but only the most popular software and hardware support XP 64.
[quote name='ahmedmalik']But don't dual core processors run better with x64?[/QUOTE]
No, 64bit processors run better using a 64bit OS, software, and games. So XP 64 will run best with a 64bit processor.
[quote name='willardhaven']Quick question: can I use an XP64 cd-key on a regular XP install?[/QUOTE]
I actually don't think you can but why not try it? Worst that can happen is you get denied. You can also call MS and ask them if your CD-key is legal. Just ask them, "Is this XP CD-key a legal one?" and then tell them the XP 64 key. Make up some story about how you got it.