Just because its virtual do not think licenses also become virtual ;-)
so restriction with per seat licenses,ect apply equally in this virtual domain. Read http://www.vmware.com/download/eula/vmimporter_v20.html carefully ,specially section 3.6
"Licenses required for third-party software. The Software enables you to run multiple instances of third-party guest operating systems and application programs. You are responsible for obtaining any licenses necessary to operate any such third-party software, including Guest Operating Systems."
then read
http://72.14.205.104/search?q=cache:5MmpcSVC4NAJ:download.microsoft.com/download/6/8/9/68964284-864d-4a6d-aed9-f2c1f8f23e14/virtualization_brief.doc+vm+image+download+license&hl=en&ct=clnk&cd=8&client=iceweasel-a
http://www.vmware.com/solutions/whitepapers/msoft_licensing_wp.html
http://www.vmware.com/solutions/whitepapers/msoft_addendum.html#c5829
http://www.mail-archive.com/debian-science@lists.debian.org/msg01416.html
