WOW,
That was, Quick, Easy and Painless.
It took all of 30 seconds to load the program, (then had a little look around) selected "Change Settings"
1. Selected "Global Settings", Defaults OS: and changed it to Windows XP followed by "Save Settings"
2. Selected "Entry-Based Settings", Choose an OS to change the associated settings, then typed in the name I wanted to be displayed (Microsoft Windows XP) instead of "Earlier Version of Windows" followed by "Save Setting"
Thats it, job done, time taken 20 seconds max.
(In fact it took much longer to type this comment than to change the two settings themselves)
Thanks for the EasyBCD link and other advice give to everyone.