I do not have a SQL7 system available to try this, but I suggest you do it and see what happens.
The edition of SQL Server 2005 should not make much difference, as the client tools are all the same (apart from Express).
Original author: https://github.com/SQL-FineBuild/Common/wiki/ 1-click install and best practice configuration of SQL Server 2019, 2017 2016, 2014, 2012, 2008 R2, 2008 and 2005.
When I give food to the poor they call me a saint. When I ask why they are poor they call me a communist - Archbishop Hélder Câmara