As long as you have the recovery consol on XP you shoud be OK. Need to check Vista though

EDIT : Found it

/FixMbr
The /FixMbr option writes a Windows Vista-compatible MBR to the system partition. This option does not overwrite the existing partition table. Use this option when you must resolve MBR corruption issues, or when you have to remove non-standard code from the MBR.
http://support.microsoft.com/kb/927392