Note: The Windows SDK landing page is here: http://wiki.meego.com/SDK/MeeGo_SDK_for_Windows That includes the installer and support for Windows XP and Win 7 (32-bit). It is also based on QEMU VM (not VirtualBox)
QEMU will not work within a VM.
Download and install virtualbox from: VirtualBox Downloads
After it's installed, open it up and create a new virtual machine by pressing New and following the wizard.
When you've created the machine, you can choose it from the list and press Settings, go down to System then Processor and enable PAE/NX.
Also, go down to Display and enable 3D Acceleration.
Last part, go down to Storage and choose the image-file for your Linux distro.
After this is done, boot up the virtual machine and install the Linux distro.
When the distro has been installed, it is time to have the VirtualBox Guest Additions compiled and installed.
In the window your virtual machine is running in, choose Devices and then Install Guest Additions. In *ubuntu, it should now show a cd-rom on the desktop, double-click it to mount.
Go to a terminal (CTRL + ALT + F1 for example) and do the following:
When the additions are installed, you can restart the virtual machine by issuing sudo reboot in the terminal.
When everything above is done, you can go to: Getting_started_with_the_MeeGo_SDK_for_Linux and follow the guidelines there.