Maybe I'm just screwing this up, but I don't see how. I have a PC backed up to a VHD file. On a Windows 7 box, I have some version of VMWare, something from within the last year. I can create a new VM ...
Hyper-V generally supports three types of virtual hard disk files: fixed, dynamic and differential. No type is best -- each type is designed to fill a specific role or purpose for the associated VM.