We have just gone through this at work. Granted, I am a System Administrator, but I didn't even have to read any instructions.
First off, there is a firmware update you need to install.
Second, if you have partitioned your drive up, Boot Camp will not work. You need to have one single partition that Boot Camp 'non-destructively' partitions.
After those things are done, it's really a snap.
Apple really does 'get it'.....which leads me to believe that true hardware virtualization is definitely in the pipe. If I had to guess, I'd say by the WWDC (World Wide Developer Conference) in August, we'll be able to run Windows and OS X at the same time and switch between the two...or at the very least be able to run MS apps in a window. Over the last couple of years, Apple has really picked up on listening to their core customer base.
If their stock price increase (almost 9% now) is any indication, they will keep moving forward with this idea...
Z