Free versions to play with would be nice, but VmWare is a business and without competition nothings going to be free.
I'd wager that smartphones will go through most of the history of the laptop at a much accelerated pace. Battery life is going to be primary limiting factor for a long time even if we get over the cpu performance limitations. For the moment uboot is the answer. Soon... maybe by the year end, there should be first realistic forays into using VMs on smart phones - not just as a poc, but for real.