Make a Ghost full backup (Vista 32) into a virtual machine running under Win 7 64x

hi my hard drive is failing, I plan to rebuild this old drive running Vista Ultimate 32x desktop into a Win 7 Ultimate, desktop

i want to run the old Vista Ultimate as a Virtual Machine under Win 7,

 

am using the Badaxe motherboard from Intel, Quad core Q6600, mobo is D975XBX2, 6g of Ram

 

going to use the same hardware, i plan to upgrade the bios first tho

 

so i am not sure how to go about getting the Ghost Full backup running as a Virtual machine under the new Win7 64 bit OS, ????

 

right now i have Microsoft Virtual PC on the Vista and will have it on the new Win 7

 

i purchases 2T western digital hd new,

 

looking for clues, tia, Frank