[UPDATE]: Read the updated article here
So VMware Server 2.x on Fedora 11 has been driving me nuts. I recently re-imaged my workstation and decided to ditch VMware Server and give Linux qemu-kvm a try since it is now the default hypervisor in Fedora and will be the standard hypervisor going forward in Red Hat Enterprise Linux (http://www.redhat.com/rhel).
We are an almost exclusively Windows shop so we use Windows DHCP servers and Windows Deployment Services (WDS/RIS) server to image all of our workstations and servers via PXE booting. If we were using an ISC dhcpd server things would probably have been a lot easier. Below I describe how I get things (partially) working.