Vista - Trying to mimic terminal services

I was wondering if there's a way to get VPC to create an environment where
the host is the "server" with services, shares, etc and the VM is the
"client" that uses the server's resources? I am using win xp and wanted to
setup a scenario where when the machine starts it automatically starts the
"client" pc and allows the user to log into it without them even knowing that
the server is the very same machine. Is this possible?
Thank you for any help.