Okay, Murphy’s Law is usually my day-by-day friend. But he didn’t happen to visit me today. I was in luck, and was able to get this bad-boy running in just a few minutes. The download took longer than actually setting it up.
I downloaded the two ISO parts and catted them together in a terminal on my Macbook. Then I created a VMWare Fusion-based VM specified as “other” (there is no option for Android). Point Fusion towards the ISO file to boot and there you go! Save yourself some money and run Android on the computer you already have!
http://www.taranfx.com/how-to-run-google-android-in-virtualbox-vmware-on-netbooks
http://code.google.com/p/live-android/
http://code.google.com/p/live-android/wiki/readme
http://code.google.com/p/live-android/wiki/howtouse