VMLite MyOldPCs

Here are the simple steps it takes to have your old PC up and running in your new PC, using VMLite:

Get an external hard drive that can hold all the data on your old PC.
Copy a simple MyOldPCs program to the hard drive and connect the hard drive to the old PC.
Run the copied MyOldPCs program, which will convert your old PC to a file that can be accessed from your new PC.
Once the conversion is done, connect the hard disk to your new PC, and start running and enjoying your old PC with VMLite Workstation

MyOldPCs Features

Extremely easy to use with only a few clicks through wizard based GUI
Supports physical to virtual machine conversion (P2V)
Supports conversion between different virtual disk formats (V2V)
Supports Windows 2000, XP, Vista, Windows 7, Windows 2003, Windows 2008, client and server editions, all service packs, 32- and 64-bit
Windows 95, 98, Windows Me and Windows NT support will be available next version
Supports Windows and Linux as guest OSes, for example, you can convert a linux partition to a vm using MyOldPCs running on a Windows partition
High performing volume based clone algorithm, with only used blocks are copied
Performs live cloning while your system is fully operational
All files, including those exclusively opened or locked by other processes, are cloned
Supports the most complicated Windows installation scenarios
Supports multiple partitions and multiple disks
Supports multiple-boot system that contains Windows and Linux OSes on different partitions
Supports mulitple-boot system that contains different Windows installations in different folders on the same partition
Supports VMware (VMDK), Microsoft (VHD), and Sun (VDI) virtual disk formats
Generated virtual machines can be launched by all major virtual machine engines, including VMLite Workstation, Sun's VirtualBox, VMware, Microsoft Virtual PC, Microsoft Hyper-V, Citrix's Xen and RedHat's KVM.