Originally Posted by TheCyberDruid
Not? What else is a 'Virtual machine' than an emulator?
With virtualization, nothing is being emulated. It's an abstraction of computer resources. Virtualization is about partitioning a physical processor into multiple contexts and isolating a series of processes. Emulation is about duplicating the functions of a processor (and other resources) so that a the primary system behaves like the secondary system.
Simply put, emulation is imitation and virtualization is not. Then there's simulation. That's another story all together.