Release: Microsoft Virtual PC 7.0 for Mac released!

Quoting official announcement:

Expand the power of your Mac with Microsoft Virtual PC for Mac Version 7, the application that makes it possible for you to access PC-only software, files, networks and devices from your Mac. Virtual PC 7, which is compatible with the Mac G5, offers important improvements in support, speed and reliability.

New features:

– G5 Support

– Cut and Paste Between Platforms

– Share Folders and Removable Media

– Use Both Mac and PC Peripherals

– Zero Configuration Printing

– Better Graphics Handling

– Fast Save

– Expanded Preferences

Read more at the official website. Take a look at the flash demo, and at the leaked screenshots.