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McAfee - OEM?

Hi.

My McAfee is up for renewal and they want £40. I have had a scoot around the net and can get it for £29 odd and perhaps might be able to use Googlecheckout thingy - anyway, I'm rabbiting on now.

My question is - I have found a reputable site doing the boxed version of McAfee Internet Security Suite 2007 for £35 (can use Google CO) but also does an OEM version for £7!! The appear to both be the same item - but obviously a massive difference in price. I understand that OEM software (whatever it is) doesn't come in any box?

A stupid question but is it as simple as spending £7 for the same product?

Thanks for your help...
Reassuringly expensive
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