Can Office 2010 Beta 64 bit be installed on a machine with Office 2007?

Can Office 2010 Beta 64 bit be installed on a machine with Office 2007? When trying to install Office 2010 Beta on a machine with Office 2007, I received an error message saying it was unable to install because Office 2007 is already installed(which of course is not available in a 64 bit edition).
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Guest [Entry]

"No

The Shared Components also need to be upgraded to 64Bit. 32Bit Office 2010 does allow it for everything except Outlook."

Guest [Entry]

actually you can but it requires some hacking. if you are running windows 7 with xp mode installed, you can install one version in that virtual machine. i saw a microsoft rep with this setup a few months ago and it worked just fine.