The official beta of Windows Server 2008 R2 (and W7) SP1 is now available:
http://www.microsoft.com/windowsserver2008/en/us/sp1.aspx

So if you want to test Dynamic Memory and RemoteFX for superb graphical user experience in a virtual machine, here is your chance.

As Ben Armstrong pointed out in his blog that the full choice of supported operating systems will be available with the official version of SP1:
http://blogs.msdn.com/b/virtual_pc_guy/archive/2010/07/12/dynamic-memory-beta-supported-guest-operating-systems.aspx

Supported with beta:

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Additional support with final version of SP1:

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A good explanation of what Dynamic Memory is can be found at:
http://blogs.technet.com/b/virtualization/archive/2010/07/12/dynamic-memory-coming-to-hyper-v-part-6.aspx