I was not aware that you could not install WinXP SP2 or earlier versions as a VM on Microsoft’s Hyper-V servers. I haven’t had the opportunity to play with Hyper-V yet, so I I’ll attribute missing this fact to not having the need to know. I’m sure there are a bunch of administrators in the same stage of evaluation as me. Hopefully this post will not be old news to most. XP SP3 will become available for download this week as an optional update. Microsoft will begin pushing XP SP3 to everyone that has Windows Update set to Automatic in early June.
The problem with installing XP SP2 on Hyper-V is that you can not install Integration Services (also called VM Additions or VMtools by other vendors), and without Integration Services you do not have network adapters in the VM. Christian Saborío sums up the problem in his post titled How to Install Integration Services on a Virtual Machine without Windows XP SP3.
Christian explains that he was able to slipstream an .iso of XP with SP3 and, after a new install he had a running VM.
Microsoft announced that XP SP3 will be generally available this week. I found the following useful info