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Microsoft has announced pricing for its upcoming Windows 7 operating system, and the best deal you'll find is $49.99 if you pre-order Windows 7 from Microsoft.

The company announced today that pre-orders will begin on Friday and run through July 11.

On Friday, Microsoft will also launch its Windows 7 Upgrade Program, through which it offers a free upgrade from Windows Vista if users don't want to wait until October 22 to buy a new computer.

The catch? Upgrades are only available to people who buy a new PC from a participating manufacturer, and that manufacturer could charge a small fee. The upgrade program will run through Jan. 31.

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