As Windows 8 uses Hyper-V rather than Virtual PC there are some issues with running the Compact 7 VPC. I can get the VPC to boot and download a targeted image for Visual Studio/Platform Builder. The image starts to load after download but then fails with green screen at top:
I have previously come across this issue when running a Win 7 /VS 2008/Compact 7 PB image as a VM on a Windows 2008 system with Hyper-V where I ran the C7 VM as another Hyper-V VM. Others report the same issue.
It seems that a separate BSP is required for C7 VPC in this context using a different NIC and Display driver.
Forums indicate that Microsoft has/had no intention of supporting this.
So C7 VPC under Windows 8 is fail!
Oliver Bloch does though discuss a setup for C7 VPC development under Hyper-V where the development system is a Win 7 VM with VPC 2007 installed to that image. You can’t use the XP mode VPC with a VM as virtualization is not supported in VMs.