If I upgrade my Snow Leopard to Lion, is it technically and legally possible to reinstall the original Snow Leopard into a virtual machine, which is inside the same, original, Apple-branded iMac?
From the Snow Leopard software license agreement §2. Permitted License Uses and Restrictions:
A. Single Use License. Subject to the terms and conditions of this License, unless you have purchased a Family Pack or Upgrade license for the Apple Software, you are granted a limited non-exclusive license to install, use and run one (1) copy of the Apple Software on a single Apple-branded computer at a time. You agree not to install, use or run the Apple Software on any non-Apple-branded computer, or to enable others to do so. This License does not allow the Apple Software to exist on more than one computer at a time, and you may not make the Apple Software available over a network where it could be used by multiple computers at the same time.
It would seem to me* that there's nothing wrong: the working operating system is Lion (not Snow Leopard), so I would enable only one copy of Snow Leopard to run. The virtualization software is running under Apple-branded computer. Right?
Is it technically possible?