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Howtoforge posted a guide about installing VMware Server 2 on Ubuntu 10.10



This tutorial provides step-by-step instructions on how to install VMware Server 2 on an Ubuntu 10.10 desktop system. With VMware Server you can create and run guest operating systems ("virtual machines") such as Linux, Windows, FreeBSD, etc. under a host operating system. This has the benefit that you can run multiple operating systems on the same hardware which saves a lot of money, and you can move virtual machines from one VMware Server to the next one (or to a system that has the VMware Player which is also free).
  How To Install VMware Server 2 On Ubuntu 10.10 (Kernel 2.6.35)