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I doubt I can detail all if the intricacies in a chat like this as licensing questions are complex. I would recommend, highly, talking with your Licensing partner, BUT,
http://www.microsoft.com/licensing/about-licensing/virtualization.aspx is a site you can use to get some beginning information.
Last Answered:
Sep 16 2009 9:56 PM GMT by EdwinYuen 
3730 pts.