I first saw Qemu again on the Elivecd development live cd, and I was certainly intregued. I’ve been looking for an open source alternative to VMWare, and I think I’ve found a good one. The version found in the Ubuntu repository left a lot to be desired. After a bit of Googling, I found a walkthrough for compiling it from source here. Surprisingly, the directions worked well with only a couple minor changes.
I am now able to install and run Windows 2000 and DSL Linux from inside Ubuntu. The speed leaves a lot to be desired, but it is functional, and all of the software that I’ve tried has worked. Compiling from source also gives you an accelerator kernel module that is closed-source and so can not be found in any repositories that I have searched.
I also suggest Qemu Launcher. This gives Qemu a VMWare feel and makes using Qemu a breeze.