i All,
I have found a little VM emulator that does a wonderful work (and it is free)
Get it on
http://www.h7.dion.ne.jp/%7Eqemu-win/

To Boot from ISO use:
START qemu.exe -L . -m 128 -enable-audio -localtime -cdrom d:\mycd.iso

or you can use a variable in a small batch file and do send to
START qemu.exe -L . -m 128 -enable-audio -localtime -cdrom

Cheers,
Gabriel