The freeware options might work, but the commercial options are better supported, and there's such competition between the two main commercial options - VMWare Fusion and Parallels Desktop - that they often have special promotions on their respective products. If you're looking to get in to the virtualization game, I suggest signing up for both of their mailing lists and pouncing on the next one to send a good deal your way.
Either way, you still have to buy Windows, though, wich is oddly expensive even for its cheapest consumer versions.
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