Get PRO if you want to have good home network (Remote Desktop etc) Don't go Ultimate unless it's for your job. Home Premium should work great for most home users.
I use the Virtual PC of Win 7 Pro (x64) so that's what I got.
I'm using the Business edition myself though. Has all the features that I want. Ultimate is just wasted on me, have no use for bitlocker or even to add additional language packs.
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