So I picked up a copy of Virtual PC along with the install CD of Kubuntu and had a hack at it. This is the aftermath:
Kubuntu via Virtual PC
It runs a bit slow, but that's to be expect when it comes to Virtual PC. I think I like Gnome more then KDE when it comes to desktop environments, so I'm considering switching back over to Ubuntu rather then Kubuntu.
Although the main purpose of this experience is to test out some of my projects in MonoDevelop, it is also nice to be able to try my hand with the Linux-scene. I always wanted to try it out and now I have the chance without having any permanent screw ups with my system. Virtual PC really is an amazing tool. Which do you prefer, KDE or Gnome?