is Win Vista 64 SP1 on my new Studio XPS going to be Adobe Premiere Elements 7 compatible?

I don't have the XPS machine yet,  just ordered it today.. but would like to know if I'll need to get a different video editor s/w or an update.. Is any one using this OS and s/w combination sucessfully with a Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ATI Radeon HD 4850 512MB or similar card?   it says it's vista compatible on the Adobe box but can I believe it?   Regards.. JimS