Migrating your OS to a new machine that you just bought, Virtually.

I think everybody faces this problem in general, your old system is slow and you want to upgrade but there is a fear of loosing al your configurations, applications, emails and other customizations that you set up working so hard for a long time.

Although a Bare system should be fresh installed, but yet you need those old files and transfering those files is a PITA, so why not have your old system also running at your beck and call , Yes its possible and I will tell you how.