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One of the topics I didn’t get a chance to write about during last night’s Churchill Club speech was Steve Ballmer’s comments on virtualization.

Here’s a ZDNet video with Ballmer talking about Microsoft’s “opportunity to democratize virtualization.”

For those who want to skip to the money quote, here it is:

“If you want virtualization on 80 percent of servers instead of 5 percent of servers, you better not charge three times as much as the price of the server for the virtualization,” Ballmer said. “For certain high-end applications, the approach that VMware has used is a perfectly good approach, but it’s not an approach that is going to lead to virtualization of a high percentage of servers.”

ZDNet posted other videos as well, including Ballmer on the economy and on competition with Google.