Here is a video which explains the File/Registry Virtualization Phenomenon, its limitation and benefits along with a small demo.
I have also attached the executable which i have used in this video.
You can try the same too..!! Click here
Note: This is a Level 100 presentation
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Vijay is a passionate Technology Evangelist and expertised in Application Setup and Deployment. He is a Microsoft MVP and STEP Member for Windows 7. 
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Good Presentation VJ.Thanks a ton for this, this will help packagers to mitigate challenges in applications to make it work with Windows Vista or Windows7
Thanks a ton for your comments Vivek. Good to know that, you follow Msigeek so closely
Thanks again.
ausome..!!
thanxs..
Great video, good communication skills, very interesting material, congratulations !
Good Presentation, interesting material.
Thanks
Very good video. Your Indian accent makes your speech a bit hard to understand. You would be able to communicate your ideas better if you would somehow lose or lessen your thick accent.