Yes i have heard lots of claims that this is possible . Though i have not personally tried it myself . Any of you pros who would like to try this can go to http://www.hacker.co.il/psp/bochs/ .
I found another good guide here http://www.extremetech.com/article2/0,1697,1906807,00.asp
Please try this at your own risk , I am not responsible for any damage that may occur due to this (though i have heard loads of claims saying it is possible).