I think I made a local domain server, but I'm not sure. I'm doing it by reading DNS and Bind. I made A records and PTR records for zones. When I type a domain without the dot, I can get IP information ...
I second Afidel here, you do get the right to run two windows server VM's on a piece of physical hardware per license, and the Hyper-V role doesn't count against that. So doing a P2V into Hyper-V of ...