You should just be able to click cd; (from the create vp wizard) then hit "capture iso" and select the iso from the cd rom, or better still wherever you have it on your computer; (now it's visible under "cd") then click file -- hit "ctrl alt del" and see it fire up, virtually, no installation necessary: about 2 minutes on my system.

MS user:
[email protected]

1. click cd -- hit "capture iso"

2. click file -- hit "ctrl alt del"

3. see it fire up!