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Well ... since it's a spare PC, why not jump in with both feet. Forget the VM, format it and put Linux Mint on it :)
Just boot it up from the Linux Mint DVD. Once the desktop is up, double click the CD Icon (Install Now) on the Desktop and as you go thru setup, erase the entire disk and let Linux set up the disk the way it wants.
Install Linux Mint Linux Mint Installation Guide documentation
Step 5 in that tutorial.
Note: When/If you do this, you will wipe out everything that's currently on that PC !
Yea, should be no problem.That's ok as long as I will be able to get on the internet and send email. I will be able to do that right?
Although you cannot run Hyper-v and other emulators at the same time, you can simply boot same installation with two boot entries i.e.
One boot entry boots with Hyper-V enabled so you can run Hyper-V VMs but not other emulators. The other boot entry disables Hyper-V so you can run other emulators.
In general, Hyper-V is definitely superior but has one significant issue.
If Guest OS does not run an RDP server, you can only use it in Basic Mode, and cannot get any audio.
So Linux VMs in Hyper-V are no good if you want sound unfortunately. Same is true for a Windows 10 Home VM.
However for other versions, PRO, Enterprise etc, VMs do have audio in enhanced mode, and Hyper-V has many pluses eg easy to mount vm in host or as a guest. You can run Macrium images as a Hyper-V vm. You have better integration with Windows as vms use native hardware rather than emulated hardware etc.
You can always run an emulator. You mean hypervisor. You may think this is a trivial point put there is a major difference between an emulator and a hypervisor. An emulator converts CPU instructions in the guest into the structure the underlying CPU understands. Virtualisation is not the same - it uses the hardware directly. Virtualisation is much faster than emulation. Apart from hobby projects emulation really isn't used these days although you can emulate a Nintendo DS on Windows if you want - see here Windows Emulators Software - SourceForge.net
After that there is also a difference between a type 1 and type 2 hypervisor. This is in fact why VirtualBox will work in 32bit mode but not 64 when another is running. With a Type 1 (like Hyper-V or ESXi) there isn't an underlying OS running. When you enable Hyper-V role your Windows is a VM. Type 1 and Type 2 Hypervisors Explained -- Virtualization Review. This is in fact why your networking speed can reduce when turning enabling Hyper-V role as the hypervisor assumes you want to share.
To what? In what sense? Are you saying Hyper-V is better for Enterprise than ESXi or ZEN? It isn't the most popular for sure. Or are you saying it is better for a home user (even though VMWare works better for Linux as you admit).
It has a few advantages for a home user (mainly auto suspend restart) but superior it is not. It isn't faster than VMWare and isn't as generic as VBox. Perhaps you mean "free if you have Pro".