Can a asus p4p800 se motherboard run windows 7 home edition

Hello,I have an ASUS P4P800 SE Motherboard and would like to know if it will run Windows7 x64 Home Edition ? I bought the game Rage and it lags BAD, it was suggested to upgrade to Windows 7 x64 bit and it would be awesome. I just don't know if this old board is set up to run it. It can run Win XP x64,so not sure the differance ? Is anyone running Win 7 x64 on a ASUS P4P800 SE motherboard ? I have a P4 3.20 Dual Core HT,4 gigs memory,Radeon 4650 Video Card,320 gig hard drive, the Rage Manufacturer says my system is above specs for game - though I'm running Win XP Pro x32 at this time and want to upgrade - Is it possible ???