Thanks for the replies.
I don't think I trust my limited knowledge to go with sysprep alone. And did not see Windows 8 support for Ghost.
I went with Paragon (free) for now because it's the first one I've found that could do both Windows 7 & 8.
Thanks for the help. I will try sysprep to compliment the Paragon backup.
Goodluck. If you do use sysprep post back if it is included in 8 i'd like to know