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no, according to the EULA [microsoft.com] you are allowed to:
You may install, use, access, display and run one copy of the Product on a single computer, such as a workstation, terminal or other device (“Workstation Computer”).
I don't see any rationale why a virtualized environment isn't accepted as a computer - but you need for every instance a own XP license.
If I remember correctly the EULA of Windows Vista (excluding Ultimate) forbade virtualization.
You don't purchase software. You purchase a software license. And a copy of the licensed software. You can sell the copy, but with it goes the license. This is an argument that was resolved in the licensor's favor half a century ago.
Re:Licensing issue? (Score:5, Informative)
no, according to the EULA [microsoft.com] you are allowed to:
You may install, use, access, display and run one copy of the Product on a single computer, such as a workstation, terminal or other device (“Workstation Computer”).
I don't see any rationale why a virtualized environment isn't accepted as a computer - but you need for every instance a own XP license.
If I remember correctly the EULA of Windows Vista (excluding Ultimate) forbade virtualization.
Re:Licensing issue? (Score:5, Informative)
You don't purchase software. You purchase a software license. And a copy of the licensed software. You can sell the copy, but with it goes the license. This is an argument that was resolved in the licensor's favor half a century ago.