Emulate Windows with Q

I just downloaded and installed Q on my iMac Core Duo. I tried importing my Windows 2000 Virtual PC 7 image from an old backup disk, and it imported, but keeps crashing at startup. However, this discussion over at Accelerate Your Macintosh has me hopeful that Q just may be the future of free Windows emulation on the Mac. According to the Q site, "Run Windows, Linux and a lot more Systems on your Mac. Q is a feature packed cocoa port of QEMU: Switch fast between guest PCs. Save and restart guest PCs at any stage. Easily exchange Files between Host and Guest. Q makes use of OS X most advanced technologies like openGL and coreaudio to accelerate your experience with your guest PC."

This program is still in development, but they have a Universal Binary. Later on today, when I have some free hours (ha!), I think I'll try to build an image from scratch and install XP. I'll report back after the weekend with my findings.