Update: I was just recently asked again how to load Virtual Server in 2008 server core. Please see the links below.
In a previous How Do I... download, Steven Warren wrote about installing Windows 2008 server core. Now he tackles the installation and configuration of Virtual Server 2005 to into an instance of Windows 2008 Server Core. The entire install has to be done via the command line. Follow along as Steven explores this subset of Windows Server 2008.