[ubuntu] Converting office ubuntu laptop into a virtual one on my home PC?

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http://ubuntuforums.org – Just wondering about one thing. Since I have to carry around my office laptop from home to office, can I convert this laptop HD into a virtual O/S that I could load up and use on my home PC ? Laptop is Ubuntu encrypted and I connect to the office network with it for lots of reasons, including mail. Which VM software would be best ? (Hardware)