Fortunately, I have not had any problems with either XP Pro or XP home, and for LabVIEW there should be little difference.
Have a look at the
comparison matrix.
You absolutely need XP Pro if you have multiple processors. The rest of the additional features are mostly geared for a corporate environment to work better with centralized management and support. None of these are really useful in a standalone environment. I am using both, but I have never encountered any limitation on the "XP home" machine during use.
If you want the "remote desktop" feature, install VNC.
😉