Not really to do with horsepower, it is to do with whether your cpu and your motherboard support the pass-through of your PCI bus, you NEED both VT-X AND VT-D to have half a chance with any virtualization.
As to cheap shit I commented on this thread:-
Be careful of false economies, for example your machine is a true beastie but will probably cost you way north of $1000 a year in power just to keep it on.