Yes, you read that right. Apple has released a new utility/application, Boot Camp, that allows you to dual-boat Microsoft Windows XP on any Intel-based Mac (MacBook Pro, Mac mini, iMac).
Source: Apple Press Release
AppleÂ® today introduced Boot Camp, public beta software that enables Intel-based Macs to run Windows XP. Available as a download beginning today, Boot Camp allows users with a Microsoft Windows XP installation disc to install Windows XP on an Intel-based MacÂ®, and once installation is complete, users can restart their computer to run either Mac OSÂ® X or Windows XP. Boot Camp will be a feature in â€œLeopard,â€ Appleâ€™s next major release of Mac OS X
It generates a Driver CD while you are doing this, that contains drivers for the components of the system (a few things such as iSight and the keyboard backlight on the MacBook Pro are not supported, but everything else is). It partitions the computer, setups everything up, and from there you can install Windows XP, and then dual-boot from then on. If you use a FAT partition for XP, you can read and write to the partition from inside of Mac OS X; NTFS will only allow you to read data.