VMware announced the availability of the free...

VMware Converter 3.0

It is a P2V (Physical to Virtual) converter. This means it can migrate a Microsoft Windows (it only works with Windows) installation on a physical computer and migrate it to a virtual machine that can be used by the various VMware virtualization applications. It can also perform a images in the Microsoft Virtual PC/Virtual Server virtual disk format or a Symantec (Norton) Ghost format and migrate it to a VMware virtual image.