Ubuntu 7.04 is fantabulous

SPM

Regular
Fantastic, it just gets better and better. Ubuntu 7.04 even runs Windows out of the box at full speed if you have an AM2, or Opteron processor, or a VT capable Intel processor with a motherboard BIOS that supports switching on the virtual machine function.

https://help.ubuntu.com/community/KVM?highlight=(kvm)

apparently it also runs VMWare virtual images at full speed.
 
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