Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.
P.S. I first tried to install this on VMWare Fusion (which is the Mac equivalent of VMWare workstation) and it complained about missing drivers and wouldn't install. So I installed it in Parallels and there at the same point in the install it just went straight to the screen that asked for the MSDN code. Thus proving that sometimes it is good to have two completely different sets of Virtual Machine software available even though the machine has fits if one VM from each system is running at the same time (but that might well be caused by memory shortages as it doesn't exactly crash).
P.P.S. Later: (much later) A fellow MVP confirmed that WSS 3.0 would install on the core system. Something about not being able to install .Net Framework on the core version. So what *can* you do with the core version I wonder ?
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