To create a new virtual machine or work with an existing one, you use the Hyper-V Manager. The left-hand pane allows you to connect to a server; the pane on the right includes links that let you change VM settings without connecting interactively. The snapshot pane below the list of VMs allows you to roll back a VM to an earlier state.
For the full review, see Is Hyper-V ready for the Windows desktop?
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