I have installed lots of different Windows Servers and apps, including Exchange, inside VIrtual PC/Server, and VMware.
Rarely have I had any licensing trouble demoing/testing apps.
I’ll tell you, the easiest way to try <a href=”http://www.petri.co.il/virtual_download_exchange_2007_virtual_machines.htm”>Exchange 2007 is to download the VHD test drive</a> directly from Microsoft. At that point, there is nothing to install, you just start it / run it, in Virtual PC. It is a limited time VM, I believe. Here is an article on that:
Here at TechTarget, there is a <a href=”http://searchexchange.techtarget.com/generic/0,295582,sid43_gci1278859,00.html”>great article covering Exchange 2007 licensing</a>.
I hope that helps.
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