Software to support live migration from physical to virtual, Windows 2008/R2

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http://serverfault.com – I'm looking at trying to virtualize a few dedicated Windows 2008/2008R2 boxes, and am having issues finding a software solution that will support live migration. I know that Norton Ghost 2.5.2 now runs in 2008/R2, but it doesn't support backing up that kind of environment. Are there any production-ready solutions that will allow me to migrate dedicated hardware to a virtual environment (KVM) with as much uptime (live backup, migration) as possible? I know of a few offline solutions, but they are not an acceptable alternative. (HowTos)