Tonight I tried installing Windows Embedded Standard 2011 CTP2 (again).
This was my 4th attempt & 2nd success in Windows 7 on a VHD & installing from a DVD.
These are the pre-made images to get one started; they come in various sizes depending on what is included.
Summary of Drivers & Features in the one I chose.
Keyless 30 day install.
Start Menu with the apps included in this choice.
Computer, this install only used up 929 MB of space.
1 GB of memory allocated – no Aero.