If you haven’t heard about Windows XP Mode features that are a part of some versions of Windows 7, go check it out at the Windows XP Mode Virtualization site.
The great news is that Microsoft has expanded this offering to allow people that do NOT have systems that support Hardware Virtualization to use Windows XP Mode. We have updated the XP Mode site with new bits for users that are unsure of what their systems support or know they don’t have the virtualization extensions on their particular hardware. That means more people than ever can utilize this fantastic transition technology to “migrate” applications over to Windows 7.
You can find the Microsoft Press release here – “Microsoft Accelerates Desktop Virtualization”