Virtual PC 2007 - I have a computer - I want to change it into a virtual machine

Greetings.

I have a computer with software installed.

I want to convert it into a virtual machine using Microsoft Virtual PC 2007.

Is this possible?

These articles may suggest so, but I'm not sure - I'm very new to this virtualization stuff.

http://searchwincomputing.techtarget.com/tip/0,289483,sid68_gci1174813,00.html       (2006)
http://support.microsoft.com/kb/912826         (2007)

P.S. I understand that most people install OS's and software on a fresh VM -- but please keep in mind there is a market out there for creating VM's out of existing computers (see: http://www.vmware.com/download/converter/)
oxygen_728Asked:
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BLipmanCommented:
You can certainly try converter, it works most of the time.  Watch out for your EULA though; if your license is OEM this won't be legit: http://blogs.msdn.com/virtual_pc_guy/archive/2007/04/09/handy-tip-for-vista-virtual-machines.aspx

From another computer, install VMWare Converter.  Create a share on that machine.  Open Converter, click Import..., go through the menus making sure to select Target Machine Type: physical computer and Destination Type: VMWare Server (not ESX or Virtual Center).  This process should get you going.  Then, turn the machine off (the physical one) and turn on your image.  The network card will be "new", a VMWare NIC.  If you had customized your network config you will need to set it up again.  

That should be it.  I have done this to a number of servers.  It is fantastic to "abstract" the installed OS from the hardware it happens to live on.  
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oxygen_728Author Commented:
I can't seem to figure out how to get a license for the converter though - I'd need to do the boot cd method, I think -- which requires the enterprise edition
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BLipmanCommented:
"I'd need to do the boot cd method"
Why?  You indeed need to buy the Virtual Infrastructure product to use the boot CD.  What makes you think you need it?  
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