Next I wanted to try to set up VMWare ESXi. I also read about how you can run ESXi off of a flash drive and I thought I would give this a try so I could dedicate the entire physical hard drive to running WHS.
I read that I could run through the installation normally and just tell it the installation destination is the USB stick, however this did not work for me as it said it was unable to find a location to install to. And after loading the installation files I was forced to restart and try again.
I did find these great instructions that guided me through the process in a lot less time then it would have taken to run through the standard installation. I used Method #2 with WinImage and the whole thing took under 10 minutes.
I stuck the USB stick into the PC and it booted right into ESXi, obtained an IP address, and I was able to download/install the VI Client to manage the server very easily. The VI Client is very overwhelming at first but once you understand its layout it becomes manageable.