But that's not an option unless you own a Windows license, and one that allows virtualization at that. Right?

Some Windows licenses don't allow you to virtualize?

OEM versions of Vista and 7 have license terms that forbid them being run under virtualization.

True, though you can still use VMWare Converter [1] image your OEM install and then run it in a vm. You just get the constant reminders that Windows is not authentic and you should activate it.

1. http://www.vmware.com/products/converter/

Oh wow, I had no idea.... I'm using the license that came with my HP laptop to run Windows 7 Home Premium in a VM on my Ubuntu install.

They never said a word when I called to activate it.

Interesting, didn't know that.

I haven't looked at it lately, but I think one reason I used to run Wine instead of a VM was that Wine gives better 3d support for games. I even ran EVE for a while, before I realized that Wine wasn't able to draw the lasers pew-pewing from my ship, which made things kind of boring.

Now to go search and see if Wine 1.4 works on FreeBSD at all.