SBS 2011 Premium Add-on - Can I use Win2012 as the VM's OS instead of the bundled Win2K8

I am going to virtualized SBS 2011 Std and its Premium Add-on.
I have purchased Windows Server 2012 Std R2 for the Host.  Hyper-V Role will be enabled. This Server license can be used for 2 VM's OS
So can I use it for VM's OS for the PAO? or I will have to use the SBS bundled Windows Server 2008 R2?

Thanks!
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Y YconsultantAsked:
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Lee W, MVPTechnology and Business Process AdvisorCommented:
Do you need SQL - is that why you are buying the PAO?  

The PAO is simply another Server license and a SQL license that's discounted and it's required to use with SBS.  SBS does not require you use it though.  (Meaning you can use SBS and other servers without ANY being the PAO, but you cannot use the PAO without having SBS on the network).

You can use 2012... but then you need to buy 2012 CALs.  SBS only covers access to 2008 R2 and earlier OSs.

You could use downgrade rights on the 2012 VM and install 2008 R2 and NOT buy the PAO (unless you need SQL).
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Y YconsultantAuthor Commented:
Yes, I need SQL. That's why I bought PAO.
Thanks!
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Y YconsultantAuthor Commented:
Thanks for mentioning CALs that I need for 2012.
I will install 2008 for the VM to save the CALs for sure.
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