I installed the Reloaded version on Windows 7 x64 RC7100 and it worked perfectly at highest graphics settings.
Then i connected my TV to my computer with an S-video cable (for movies, not games) and all of the sudden The Sims 3 only lets me run on lowest graphics settings and in 4:3 format instead of 16:9 as it were before.
Ended up formatting the whole thing and installed XP x64 again and now I'm gonna go look for the retail version of The Sims 3.