Yes and Yes.
You can transfer to the PC through IrDa, but you will need to install the software.
I absolutely loved the series 5 and am disappointed there is nothing like it out nowadays, a real shame that Psion stopped making their own devices
There are a few things you'll need to know though; PsiWin only works through Com (serial) ports, so you might need to install the "IRComm" software from Microsoft to create a "virtual com port".
You can download PsiWin here:
http://www.handango.com/psion/Platfo...010&catalog=20
Amazingly Expansys still has a smallish Psion store operating here:
http://www.expansys.com/psion.asp
And there is a forum for Psion users here, but it's got virtully traffic...
http://www.pdastreet.com/forums/foru...p?s=&forumid=8