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The conversation mode is not just a thread mode : if you archive a thread but receives an answers related to this archived thread, the whole thread will come accompanied with the received message, which gives you the context of the message while facilitating the management of your inbox. If such a feature was implemented in a mail client, I would use the mail client.
From the readme: Microsoft allows large hardware manufacturers (e.g. ASUS, HP, Dell) to ship their products containing a Windows Vista installation that does NOT require any kind of product activation as this might be considered an unnecessary inconvenience for the end-user. The basic concept of the tool at hand is to present any given BIOS ACPI_SLIC information to Windows Vista's licensing mechanism by means of a device driver. In combination with a matching product key and OEM certificate this allows for rendering any system practically indistinguishable from a legit pre-activated system shipped by the respective OEM."