The simple and quick answer here is, No.
It is possible to use software that would create an image of your entire hard drive that could be restored if the drive failed, but these could cause a lot of difficulties if you were try and recover to different hardware (i.e. a new laptop) because there would almost certainly not be XP drivers available for a new laptop these days (also if you bought a new laptop it would have windows7 on it so putting XP on it would be going backwards)