I've been looking at several sites on the Net to help me figure out the best way configuring my laptop to pick up a sample MOSS project. VMCs available all over the places are quite huge to download over the cable! Some of the VMCs that I could get my hand on were more than I really need to kick-off a sample MOSS project (some were loaded with .Net 3.5, Orcas and all of that stuff!)
The following URL is the one which I find quite methodically written and guess what! It loops back to one of our own (Jonathan Bradshaw) Conchango bloggers from the Big Apple.
http://weblogs.asp.net/erobillard/archive/2007/02/23/build-a-sharepoint-development-machine.aspx
Thanks Eli Robillard