HP Compaq CQ60-111EM Is it possible

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Anyone know if it would be possible to get win7 and lion running on a HP Compaq CQ60-111EM if so what are the install options ?

HP Compaq CQ60-111EM
Screen Size in Inches 15.6
operating System Windows Vista Home Basic
RAM in GB 3
Number of Cores Single
Hard Disk Capacity in GB 120
Screen Resolution (pixels) 768
Processor Brand Intel
Processor Celeron
Processor Number M575
Processor Speed in MHz 2000
USB Port 3
Integrated Webcam Yes
WiFi Yes
Bluetooth No
Fingerprint Access No
Remote Control  No
DVD Writer Yes
DVD Drive  Yes
CD Rom  Yes
Blu-ray Drive  No
VGA Port No
Card Reader Yes
Weight (kg)  2.75
Brand of Graphic Chip Intel
Graphic Card or Chip GMA X4500MHD

 

Thanx