I used VMware converter (a free product) to convert a running Windows 2003 server into a VM image. It seemed to work. Couldn't you just install the Ghost image on a new system, and then run VM converter against that?

On October 12, at 3:38 PM October 12, Laurence Bates wrote:

... if I can work out how to convert Ghost 11 images to VMWare virtual servers.
...