We have already seen how Hyper-V will work on Windows 8 and how to enable Hyper-V in Windows 8. This guide from Microsoft will give you additional information on using Hyper-V in Windows 8.

Windows 8 Client Hyper-V

Client Hyper-V is the virtualization technology built into Windows 8. Client Hyper-V is the same virtualization technology previously available only in Windows Server. A similar functionality in Windows 7 is called Windows XP Mode.

Client Hyper-V will let you run multiple 32-bit or 64-bit  operating systems at the same time on the host computer.

This document from Microsoft covers the following topics:

• Practical applications for Client Hyper-V
• Hardware requirements. To run Client Hyper-V, your computer must be running a 64-bit version of Windows 8 and have a CPU that supports Second Level Address Translation (SLAT).
• Enabling Client Hyper-V – Using Control Panel, PowerShell or CMD and using tools like Hyper-V Manager.
• VM management and other tools created for Server Hyper-V
• What isn’t included in Client Hyper-V? Talks of features included in Windows Server 8 Hyper-V that are not included in Client Hyper-V.

You can download the document here.