I have a old server running Red Hat that has some valuable apps installed. I would like to create a bootable image of the drive and install it in a VM on a newer server. i am trying to avoid reinstalling Red Hat the apps and data. Any useful links or advice would be greatly appreciated.(Not yet decided on the VM Software)
depending on the virtualization technology you plan on using, you could use a p2v solution. For opensource virtualization (kvm/qemu/xen), virt-p2v and clonezilla are pretty good
VMware's VMConverter can be used to build a VM from the RH system and run in a full ESXi server or a small VMPlayer session on your desktop. See http://www.vmware.com/products/converter/