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To install VirtualBox you can either download the deb file or add the repository to the list held locally.
If you are installing this on a host which is running Karmic Server you will also need to install gcc as the kernel modules need to be installed.
You will get asked about compiling kernel modules say Yes. This is about it. The dkms package will be installed as a dependency and will automatically rebuild the modules as necessary when the Kernel gets updated. Much, much, better then the vitalization breaking each time like the "other" virtual software ![]()
Add the following line to you /etc/fstab to allow the use of USB devices in the guest.
One last step, the user(s) who will be running VirtualBox gurests needs to be a member of that group.
The documentation is pretty good too. Go take a look it explains nearly every option and configuration item very well. This is the Downloads page that has a link to the documentation.