32bit Home Basic into 64bit win.7 Home Premium?

Hi guys & gals, yup another Nubie, so be gentle with me!
Been following the forum for a few day's - you're 'awesome', really.

I would like to convert my 32bit Home Basic,SR5019UK Presario into a 64bit machine, with Windows 7 Home Premium. Is it possible, am I crazy? Yes, I'm new to computers!

Having checked through the various channels, its possible. But with a M2N68-LA motherboard, 2.5G and 'Basic' other components, I will maybe have to change a few things?

I really would appreciate your feedback and 'constructive advice. As economically as possible, sure, but I realise 'I can't make a silk purse from a sow's ear', as they say, where I live!

So come on guys give us the benefit of all your expertiseee, pleaseee.

Welcome
Dont guess, dont even rely on us, find out for sure
Free Download PC Upgrade Advisor Windows 7 Hardware Programs Issues

If you do upgrade, do so with the much cheaper upgrade DVD, not the full retail.
http://www.sevenforums.com/tutorials/31402-clean-install-upgrade-windows-7-version.html?filter[2]=General Tips
Follow the above tut and the results are the same

Thank's! Look into it further
Report back, sure i'll have lot more questions.

Just take your time, enjoy and learn and if you have any questions there will be a team of us ready to help. Thanks again for your nice greeting to us.

Thank's Rich, early days yet, just wanted opinions of people who, at least new their stuff!! You guys do an awesome job, carry on!!