Well, if you have not got around to checking out the community technical preview build of Windows Server virtualization (Hyper-V) in the Windows Server 2008 RC0 build - there is now a nice "Step-by-Step" guide that walks you through the process of getting up and running. You can check it out here:

http://technet2.microsoft.com/windo...3.mspx?mfr=true

Virtualization, Windows Server 2008, Hyper-V, WSV, Windows Server Virtualization, Guide, Microsoft, Download

Source:→ Virtual PC Guy's WebLog