As an IT administrator, you probably are responsible for managing product keys, often for multiple products that are acquired from multiple sources. Sometimes it can be challenging to keep track of these keys and prevent their distribution to unauthorized personnel. Now you can use the Volume Activation Management Tool (VAMT) 2.0 to manage and protect many of your product keys.
VAMT 2.0 lets you manage the following product key types, for Windows 7, Windows Vista, Windows Server 2008 R2, Windows Server 2008, Office 2010 client suites and applications, Visio 2010, and Project 2010:
VAMT 2.0 supports these keys regardless of how your organization obtained them. VAMT handles keys acquired through Microsoft volume license agreements, subscription programs such as MSDN, TechNet or Microsoft Partner Network, or the retail channel. VAMT protects your keys by retaining them only in the VAMT console, vs. including a key in an image or distributing it in plain text. You can read more about managing keys using VAMT 2.0, or download Manage Product Keys Using VAMT 2.0.
@7flavor, licensing varies by product (Windows, Office, etc.) and also varies by how you acquired it (for instance, at a store, preinstalled on a new PC, or through the volume licensing program). You can find information specific to volume licensing at http://microsoft.com/licensing - also, you can find the use terms for a specific product at http://microsoft.com/useterms - hope this helps!
Why can't I transfer licenses from one computer to another? Like deactivate Office on one machine and activate it on the one I am replacing it with?