Windows Easy Transfer is an application designed to help people move their important files, user accounts, and application settings from their old PC to a new PC. For the new version of Windows Easy Transfer, people can move their files from PCs running Windows XP and Windows Vista. The first thing people will likely notice about the new version of Windows Easy Transfer is that is has an updated, cleaner and much simpler UI. People can transfer files 1 of 3 ways: Using a Windows Easy Transfer Cable (direct PC-to-PC); Over a network; External hard drive. If you are an IT professional and have multiple PCs you would like to migrate, check out the User State Migration Tool for Windows 7 and new features like hard-link migration and migration from windows.old.
Download: Windows 7 RC - Public
More info: Windows blog