Virtual PC is 100% compatible with the operating system you have informed us of. So give it a shot!
Lee, Don't get Virtual PC confused with XP Mode, which does indeed utilize Virtual PC. Yes, XP Mode is only available to Windows 7 Professional, Ultimate and Enterprise - but Virtual PC runs on all flavours of Windows, XP (minus Windows 7 starter edition
) and up and is NOT
designed to run only on Win Pro version and above.
Reference: System requirements for Windows Virtual PC
The pure difference between XP Mode and Virtual PC is that Virtual PC is software to virtualize microsoft operating systems, like as VMWare Player/Workstation. XP Mode utilizes Virtual PC to run software seamlessly in the native OS for the end-user. So the average user can just double-click a shortcut on the desktop to run their virtual software without the need of manually booting the virtual machine and navigating around in it or simply the basic know-how on how virtualization works
Extremely smart imo :P