Virtual XP + iTunes

Hi, Is it possible to install iTunes on virtual XP as well as Win 7 x64 so you can twin 2 iPods with one box? I have enough room to double up my music library if need be? the 2nd iPod is only 8 gig or something similar?


Thanks, Warby

Rig/
Phenom x4 9850 @2.8GHz BE
Asus M3A32-MVP Deluxe WiFi
4x 1GB Corsair Dominator DDR2 @ 1066MHz
Powercolor HD3870 GPU@845 Mem@1325
HDD-2x250gig RAID 0 / 2x500gig storage
Tagan TG600 U-33/600w
Noctua NH-U12P
Windows 7 x64

It should be perfectly possible yes. But why not just create a second iTunes library for the second iPod, instead of doing it in a VM?