Just found out that Microsoft has released the Lab Management bits. They are now available from MSDN and are included as “additional software” on your MSDN subscription…meaning there is no additional cost (except for the hardware).
If you haven’t had a chance to play with it, I recommend that you download the demo VMs while waiting the 10 weeks it takes for IT to procure a server to host the VMs for you. ;-)
Here is the link to the MSDN docs as to what is in this update: http://support.microsoft.com/kb/983578