Need help with upgrade

If I upgrade my Windows ME system to Windows XP Will my computer run slower?
My system specification is
30gb hard drive
866 Mhz
256 DRAM
256kb L2 cache- 133 system bus
3D AGP graphics
Pentium 3 processor

I have got the Windows XP home edition installation disk, but was wondering
whether my computer would run slower if I installed it.

Also, if I want to upgrade, do I just put the setup disk in and run the
installation file, or do I have to uninstall Windows ME first?

Another thing I want to ask is that after I have upgraded, how do I update
my Master Restore CD so that when I want to totally reboot my computer,
Windows XP installs and not ME?

Any suggestions much appreciated,
Regards



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