This would be ok if you didnt plan on doing anything with it. I forgot whether the Windows 2008 MCP exam contained Hyper-V or not, but if it does, I dont think your processor supports VT-X instructions, making it kinda hard to run Hyper-V.
My suggestion is, if you are a student who really doenst have a whole lot of money to spend, this is fine. But if you can afford to make a $300-400 investment, go but an old server or a cheap tower. Make sure the processor support VT-X, and you will be set.
Otherwise, this should work, but you are going to get frustrated alot :)