I recently wrote a new article that helps explain the architecture of Hyper-V. From the introduction:
As is the case with many other technologies, the virtualization space is filled with a mystifying array of terminology. Familiar definitions, such as guest, host, physical and virtual, interact within constellations of other, more product-specific terms. Microsoft’s Hyper-V has its own language that includes terms such as synthetic and emulated drivers; root, parent, and child partitions; and a smattering of others necessary for understanding and working with Microsoft’s upcoming virtualization platform. In this tip, I’ll explain the terms that are relevant to how device drivers work in Hyper-V, which should help with installation of the product, managing performance and troubleshooting any issues that might arise.
You can find the entire article at SearchServerVirtualization.com: Understanding Hyper-V partitions and device drivers.
