It meets all the specs for Hyper-V, so there should be no reason it wouldn't work.  Server 2012 is not officially supported by Dell, but there are reports (including Dell's own Tech Center guys) that it works just fine (although not specifically Hyper-V).  In fact, it even works fine on an older 2850 (minus Hyper-V, as the 2850 does not support VT). There is no "live cd" available for Windows (Server or standalone).  Hyper-V would be very difficult to "test" in a "live" environment anyway.
Hello I have a PE 2950II and I would like to upgrade from Windows 2008 R2 to Windows 2012 with Hyper-V role enabled. Is the PE 2950II compatible with Hyper-V 3.0? DELL PowerEdge 2950 II:-Bios: 2.7-CPU: 1 x L5420[URL] Do you know if I can boot on a "Hyper-V Server 2012" livecd for testing purpose? Thank you.
Hyper-V 3.0 and PE2950II