Quote:
Program performance considerations
The WOW64 subsystem creates a 32-bit environment on the x64-based versions of Windows Server 2003 and of Windows XP Professional x64 Edition. Some 32-bit programs may run slower on these operating systems than they would on 32-bit versions of Windows Server 2003 and of Windows XP. For example, a 32-bit program might run slower on Windows XP Professional x64 Edition than it would on Microsoft Windows XP Professional. Alternatively, some 32-bit programs that require lots of memory may exhibit increased performance on the x64-based versions of Windows Server 2003 and of Windows XP Professional x64 Edition. This performance increase occurs because the x64-based versions of Windows Server 2003 and of Windows XP Professional x64 Edition support more physical memory than the 32-bit versions of Windows Server 2003 and of Windows XP Professional.
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See the More Information section
HERE. This is not where I first saw it, and here it is mentioned in regards to Win Server & XP 64, but it's the first thing I found on the MS site and it goes into a discussion of WOW64, which seems to still apply to W7.
Just for arguments sake though I also found
THIS while looking. Check out the section
Performance Implications of Running a 64-bit Operating System where, with the right hardware ...
Quote:
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Because processors with AMD64 and Intel 64 architecture can execute 32-bit instructions natively, they can run 32-bit applications at full speed, even on a 64-bit OS. There is a modest cost for converting parameters between 32-bit and 64-bit when calling operating system functions, but this cost is generally negligible. This means that you should see no slowdown when running 32-bit applications on a 64-bit OS.
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Even then it says "should see no" which is not "will not see"; so there is no guarantee they won't.