Finally...I can talk about this. The Virtual Server 2005 Migration Toolkit (VSMT) promises to be a great tool for companies implementing Virtual Server 2005. The tool assists with moving physical server OS images (with all their settings, applications, etc) to a virtual machine running on Virtual Server 2005.
You can register for the beta here:
http://www.microsoft.com/windowsserversystem/virtualserver/evaluation/vsmtbeta.mspx.
Just what we need...one more acronym. :-)