I updated my W7 Pro (64-bit ) Gold image and installed Office 2010 Standard Edition.
I applied the Office 2010 Volume Product Key and then ‘rebooted’ the Gold image. After it restarted, it performed a quick Registry Update and then took me back to the Desktop.
I did a ‘Shutdown’ and a ‘Check-in’ and provisioned the Windows 7 VM to my AD Login.
I logged in using my AD Credentials and launched Word 2010.
Here is the display from the ‘Help’ pulldown. You can see that the Product License shows ‘Product Activated’. (below)
I don’t know if that last minute Registry Update did something in the Gold image after I ‘Restarted’ it, but is looks like what I have seen before.