Maybe I'm just screwing this up, but I don't see how. I have a PC backed up to a VHD file. On a Windows 7 box, I have some version of VMWare, something from within the last year. I can create a new VM ...

Disk2Vhd is a little Microsoft utility that does one thing and one thing well: convert physical computers to virtual disks. One of the reasons that virtual machines took off in the past decade or so ...