Today Microsoft released the Release Candidate for Hyper-V Server 2008 R2.  Full speed ahead it seems at Microsoft.  Microsoft is trying to narrow the gap with VMWare with the R2 release of Hyper-V Server, but they still have a long way to go.   You can grab a Download Here.   Here are the details on the Download page.   Note:

This is a pre-release version of Microsoft® Hyper-V™ Server 2008 R2 and not intended to be used in a production environment.

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