From what I remember, there is no limit with XP. However, you still need a serial key to get your copy activated. You should be able to activate your XP with the serial key that came with it, even upon changing out your MB.
Windows (Microsoft) checks from time to time your serial key to make sure you have a legit copy and to make sure you have a copy that no one else is running with.
All I had to do when I changed out MB with my computer was Windows asked me to verify my serial key online (click on the pop-up icon/box/thing when it showed up on my monitor) and after clicking on the icon, it verfied my copy and a few times after that I know that I've seen my auto Windows Update download manager checking my version/copy of Windows XP to make sure I was the only person running with my current serial key.
If you cannot get your copy to register online, you'll have to call it in....luckily I haven't had to deal with that hassle.
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