Hi Ole, Thanks for responding
Don't worry, that's normally the first thing I tell everyone ;-) I have searched under several combinations but mainly seem to find sharepoint advice. Amusingly I searched for "licensing hyper v on development workstation" and this thread was the tenth search result in Google .. Those guys move fast..
The reason I posted here was to see if anyoine else has gone down this route and could provide advice, I read http://www.brentozar.com but that seems to mainly cover live virtual environments.
I'll keep plugging away and post anything I find back to this thread.