So, you’ve successfully migrated a few Virtual Servers Guests to Windows Server 2008 running Hyper-V but now you want to manage the Hyper-V Server remotely from another Windows Server 2008 or Vista box. Is it possible? Today at work I had that very question and what I found was it’s possible and easy to configure a Windows Vista Client OR a Windows Server 2008 box to remotely manage a Microsoft Hyper-V Server.
Below are the steps for enabling remote management on a Windows Vista Client. Checkout this Article if you want the Step-by-step from a Windows Server 2008 box.
Remotely Manage a Microsoft Hyper-V Server from a Windows Vista Client
1) Download and Install the Remote Management Update KB952627 from Windows Download Center (x86 Vs. x64)
Note: If your running Windows 7 – Read this KB Article for the Remote Server Admin Tools.

2) Click Windows Start Button, Type Hyper and Click Hyper-V Manager once Windows Search Finds it. It can also be found under Control Panel Administrative Tools
3) Click Connect to Server to begin managing your Hyper-V Server
All done! Very simple, easy and most importantly, GROOVY. As mentioned above, if your looking for the steps for Windows Server 2008, checkout this article here.

Exactly what I was looking for.
Thanks!
Thanks for this! The links, however, points to a version of the Remote Management Update that is out of date. The updated download links are available from the KB article:
http://support.microsoft.com/kb/952627
Thanks Ryan! Updating the document now. Thank you for the FYI and new links!
Welcome to the site!