The stand-alone version of Hyper-V is now available and is called Microsoft Hyper-V Server 2008. So now if you want to work with Hyper-V and does not have a copy of Windows Server 2008, then download Microsoft Hyper-V Server 2008, which is absolutely free, easy to install and easy to configure.
Check out this great article by Tarek Majdalani at http://www.elmajdal.net/Win2k8/Installing_Microsoft_Hyper_V_Server_2008.aspx
Thomas W Shinder, M.D., MCSE
Sr. Consultant / Technical Writer
Prowess Consulting www.prowessconsulting.com
PROWESS CONSULTING documentation | integration | virtualization
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MVP - Forefront Edge Security (ISA/TMG/IAG)