Well first thing first HubCore, please correct this, Hyper V function can only be use in Win 8 64 Bit pro. So if you want that function to work you have to install Win8 64 Bit Pro. After installing the OS you can enable it from Windows Features (for enabling it properly google the procedure).
So for laptop your current one Toshiba , it is also ok. you just need to change the OS to Win 8 x64.
"Client Hyper-V requires a 64-bit system with SLAT capabilities and additional 2 GB of RAM (Win 8 Pro only)"