We recently published a new article describing the options available to deploy different Microsoft Office 2007 suites to the same computer - including procedural information for each option: side-by-side and uninstall-install. Although this process might not be needed by most organizations, it can be appropriate in some scenarios. For example, departments in an organization that currently have Microsoft Office Standard 2007 installed on their computers might now need applications available in Microsoft Office Professional 2007, such as Microsoft Office Access 2007.
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This article is in the 2007 Office Resource Kit on TechNet: http://technet.microsoft.com/en-us/library/ee335989.aspx