Hyper-V Program Manager
A number of people have commented to me on the rather steep requirements to run Beta 1 of System Center Virtual Machine Manager. And I have to agree - with the requirement of:
Now pretty much all of my domain joined servers are 64-bit, but there is a simple solution. Install SCVMM inside of a virtual machine. Luckily SCVMM seems to have no problems with managing the version of Virtual Server that it is running inside of.