Hi Furiousjim,
Microsoft stating: “Please note: All users of the Windows 7 Release Candidate (including Windows Vista users who have upgraded to the Release Candidate) must do a clean installation of Windows 7 RTM. Please keep this is mind as you consider downloading the Release Candidate as opposed to waiting for the general availability release.”
For more information, you may refer to the following links:
http://www.microsoft.com/ireland/technet/windows7.aspx
http://blogs.technet.com/haroldwong/archive/2009/07/08/can-i-do-an-in-place-upgrade-from-windows-7-release-candidate-to-release-code.aspx
Generally, the OEM version of Windows 7 is depended on the BIOS information. For example, the HP OEM copy of Windows 7 cannot be installed on a Lenovo computer. If you want to perform a Clean Install for this OEM copy of Windows 7, you had better contact the OEM vendor to check if it can be installed on your computer.
Good luck!
Arthur Li - MSFT