Sorry, did not see question earlier. As your research shows - they can exist together - there are a couple of things that you can do multiple operating system:
1). You can dual-boot the system with separate installations of Windows XP and Ubuntu (or other Linux distribution).
Or
2). You could download and install VMware (server or workstation) they are now free, and run a virtual OS on top of the Windows XP operatung system. You would run XP and launch the VMware and run that as a separate system. I have that at work - with XP as my main corporate desktop and RedHat Linux 4 and 5 as two separate VMware virtual machines. With VMware server - you can run a bunch of different systems in there if I wanted to.
Have a good evening,
Pete
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