It's a 65nm C2D desktop processor, 64-Bit, with basic features and not meant for Virtualization therefore it is not VT enabled. However in case you are going to use it at home and host Virtual PC on it, that's doable but in case you want to host a virtual server with Hyper-V, VMWare or Virtual Iron or any such Virtualization software, it might not work as they basically require a VT enabled server. Most of the Xeon processors today are VT enabled.
Can you elaborate what exactly are you trying to do so that we might be able to assist you more.
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