I an the US automotive Picotologist
There are no engine analyzer features like raster and superimposed views. You can, of course do a parade on a distributor system.
Pico will provide more detail and resolution that you probably have ever seen before. For example, you can capture the power and waste firings for a DIS coil and then zoom in and measure the time difference between the waste and power light off in millionths of a second.
If you really want the engine analyzer features, you will have to get something else. However, all the cool features don't mean much if your scope doesn't have the sample rate performance. I suggest that you narrow your field first by comparing the raw performance and then choose features from those left on the list.
To help you do that objectively, using the math and not the manufacturers hype, I have provided a sample rate calculator available here:
And yes, PicoScope software runs great on XP Pro SP2.
The Pico support system is also great. Here at Autonerdz, we also have our own comprehensive support system, which has been described as the best in the industry by users.
If you have any questions, feel free to contact me.