This works quite well from XP to 7. Does not transfer applications.
Category: Upgrade Procedures
Transfer Profiles from XP to Windows 7 - Windows Easy Transfer
article #147, updated 3465 days ago
Quick Time Zone Updates
article #221, updated 4007 days ago
Here is a set of quick updates for time zones for recent version of Windows:
They apparently were scheduled for February of 2010, but some machines still don’t have them.